<p style="text-align: justify;">By Overseas Property Mall Created: Sep 15, 2011. I’m standing at a shaded corner in Central Havana, Cuba, with many others, all of us looking as shady as our surroundings. Someone comes up to me asking “what are you offering” to break the ice. Where am I? You would be forgiven for thinking I am on the run, trying to buy papers to get across the border; but actually, all I am doing is trying to buy a house. Housing stock, which was already deteriorating before the revolution, continued to decline. As the U.S. embargo choked off building supplies, existing stock deteriorated quicker, and new construction failed to keep up with demand.
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