Yeah, let me run the numbers for you here. As you stated, the median house price in Cuba is 40569.00 USD. With the current (today) price of 260.00 Cuban Pesos per Dollar in the black market (Cuban banks doesn't sell dollars) this will amount to 10547940.00 Cuban Pesos (CUP). Minimum income in Cuba is around 2500.00 CUP (less for social security dependents), but for the sake of the argument let's say is 5000.00 CUP per month. It'll only take around 175 YEARS!!! for a regular Cuban to be able to afford a house. This is without any other expenses. Not even food.
That's a very common thing in most of the world...as families took care of each other.
Only in the west is it shoved down your throat that you have to move out at 18 and leave your family and shove your grandparents in an assisted living home
Except that in Cuba it’s not a choice. You WILL have multiple generations living in the same house. In fact in some cases a couple gets married, they each live in their own family home and go to motels or posadas to have some privacy to have sex. I encourage you to watch you tube videos of how the Cuban people live.
Average salary in the Philippines is $3,218/year.
So it would take almost a 100 years there too. And if you do the math you will find out that’s the case for many countries.
Many filipinos are homeless and rely on eating trash that other people throw away.
Also lets not forget that Cuba does not issue home loans of any sort. What you buy you buy cash. There are no new properties being built to be purchased by the common man. The number is simply a reflection of the transaction, ON PAPER, between existing housing. In reality the prices are much higher as the bulk of the cost is paid under the table.
You simply cannot think of cuba by normal world standards.
Maybe, but at least Philippines is not selling Socialism as the ultimate solution while having the same or worst problems as the rest of the world. And, if you continue comparing with poorer countries, what is the point? Still, there are people eating out of the garbage in Cuba. Also, $3,218/year is around 268.00 USD per month. Few cubans are able to make that amount of money and NONE of them work for the goverment or is making LEGAL business as private workers. 5000.00 CUP per month amount to less than $20.00 USD at the current black-market rate. Also, you should know by now that the statistics published by the Cuban regime are highly curated and no one from outside of a small circle have access to RAW numbers to make informed reports or decisions.
Dude the socialist way of doing things is vastly superior to the capitalist way of handling housing. You cannot argue that a system that leaves hundreds of thousands of homeless people with millions of empty housing units is worse than the system that can simply house them.
So, how come any of the homeless in the US aren't leaving for Cuba? If they were so desperate, they'll be, as the Cuban people do, making rafts and crossing the FL straits south of the keys looking for the "vastly superior way of doing things". Hell, I'm pretty confident you're not even doing it yourself. The same applies for any neighboring countries of other "socialists" states. I'm 40 y/o and I left Cuba at 39. I saw nobody moving there permanently escaping from the Capitalist way and I met a lot of foreigners through the years
Its not Cubas job to make up for America's failed and crumbling capitaist system. Especially when it's already the US causing allot of problems for Cuba already. Also please try to remember you haven't demonstrated even how the capitalist system is better but I can see numbers and I can see homelessness, no matter how you look at this Cuba tackled the housing problem by actually using housing for housing instead of an investment to gain returns from.
Considering the fact that you rely on official numbers, get yourself familiarized with the concept of “inflar globos” in the Cuban dialect for everything related to statistics and performance report within the regime. Preferably from a Cuban person and not one of your socialist apologists. Do your research and find out.
Why is that always what capitalists say whenever their preferred economic system is making things worse and we can see the more socialized option is better. Cuba isnt the only country to prioritize housing so I'm gonna believe what has actually been demonstrated to work better over the guy who is nieve enough to advocate for system that by design makes things more expensive over time, pricing hundreds of thousands out of the market, and has lead to an excess of unused homes. What is worse is this is this is creating another speculative bubble in the US housing market that will one day pop taking much of the rest of the economy with it. This has happened before yet for whatever reason capitalists never learn their lesson that constantly increasing profits isn't nessissarily a good thing nor is it even possible.
Considering the fact that I’m an exiled from Cuba I guess I can give a more detailed and from ground perspective of what really goes on inside the country. The USA have its own problems and I don’t deny it. But washing the face of the regime in Havana based on their propaganda makes you a lot more naive than you think.
Or your just selling out to a fantasy version of capitalism that doesn't actually exist in the real world and don't grasp the fact that the country you came to has been the sole source of cubas problems since 1899. I'm aware Cuba has its problems that are independent of American influence but that dosnt change the fact that making Cuba as much of a shithole as possible has been a project of the United States since the 60s. You should be speaking out against what America does to Cuba not enableing the people who want to bring even more of America's capitalists nonsense down there.
You are comparing average salary of Philippines when you should be asking about average salary for Manila which a quick google tells me its around $5,165 which makes it around 41 years, which is not good, but not as bas as 175 years for Cuba.
Yeah... But most houses are worth way less that 40K in Havana. Especially in the periphery. You may find houses for 5K, 10K. Which still is a lot for a Cuban, but within the 30, 35 years of a loan, even less.
If you go outside of the capital, the prices are even lower... it is not impossible to find houses for 2K, 4K...
The real problem in Cuba is the lack of loans, everything has to be paid fully, in cash. And there are very very very few new houses.
Honest questions, you’re allowed to own property in Cuba? Land as well? Is that a free market reform from Communism or has it been that way the whole time?
Ok but don’t stay at a tourist resort or tourist hotel. Those places will have just about anything and I mean anything you may want or desire. Find a Cuban friend and see if you can stay at their family’s home. That way you will get to see that the Cuban people have to live with. I would prepare myself, watch You Tube videos made by Cubans before you go.
A fact that I haven’t seen stated in the comments is that home prices are so depressed due to the massive exodus happening in the last couple years from Cuba.
It’s calculated that almost half a million Cubans have left to either the US directly or other countries to cross into the US. Say that half of that amount sold their houses to finance the trip. That leaves us with a quarter million houses flooding the market. But even to me that sounds like too many.
Even a fraction, say 100,000 homes sold in the last two years, with everything inside. And those who remain don’t make nearly enough to afford them.
That’s how you get an apartment in Havana, with everything inside, for $4000 USD
The housing market in Cuba is expensive for foreigners and completely unaffordable for the average Cuban. The only Cubans buying houses are government officials and private business owners that are connected to government officials. Don’t spread misinformation please, this is coming from a Cuban that has family in Cuba that owns property.
It’s funny how some people try to sell Cuba like if it is a paradise or the best place on Earth. A completely mistaken thought! Go to Cuba and check how many locals can buy themselves a home with its own salary, either working in the private sector or for the government, which is worse! I totally agree with pentrum83.
Definitely not the worst neither, but very very very far from being the best. And I live in Cuba too. And you do know it is almost impossible for a common Cuban, one that lives in the day-by-day, which is the majority here, to buy a home for itself. Not to mention that it is almost impossible to buy decent food lately. So yeah, it is funny to sell this country as paradise. Sorry if you don’t like my opinion. Ask out and you’ll see it.
He doesn’t realize that that number comes from only the declared value of the transaction which is used to minimized taxes. The real value will usually trade hands through third parties with offshore accounts.
It would not surprise me that the government would allow it but, be warned one day they may decide foreigners owning property is a form of Yankee Imperialism or Capitalists taking advantage of the “Cuban People” and determine the property belongs to the “People”. There would be no way to appeal the decision and whatever you have is no longer yours. Ask the Bacardi family how that happened them.
Sorry but maybe doing business with the people [causing an opioid crisis](https://trone.house.gov/2023/01/08/chinas-role-in-illicit-fentanyl-running-rampant-on-us-streets/) in our country isn’t a good idea
“99 percent of the fentanyl is coming from precursor drugs from China, and then it’s manufactured by two cartels, the Jalisco and Sinaloa Cartels, and they’re the ones that are bringing it across the border,”
Well make a house by yourself would be insanely less expensive, that is what people do.
Just they build in some hidden plot of land and in 3 years they become the owners.
I wished all these people would just move to Cuba, if is so cheap and so easy. It's paradise then just freaking move there, and stop being obnoxious online. I remember my dad in the late 90's, early 2000's trying to find a house for him/my mom/me and my little brother. They were living with my grandma, my grandpa and an aunt. They had 1 bedroom and that's where the 4 of us lived. He tried to get assigned housing so many times, he met w/ big shot people that could assign him a house. Nothing. Also, remember back then it was ilegal to buy/sell houses. It had to be assigned by the government, like if someone immigrated and left, their houses would be given to people from the gov etc. They built some houses, and that's what my dad wanted to get, even a plot of land. Anyway he just decided to put his name in the 90's lotery and won. We been out since.
Well, yeah it’s cheap. They have to pay it in CUP and nobody makes enough. The housing is comparable to other poor countries, though, that’s for sure. It’s very unfortunate.
Or even if they can miraculously get the money together to buy one there is no money left to buy what is needed to keep it from crumbling.
And that is also in a scenario where building materials and proper tools even exist.
You could build other materials with screen, that’s also ilegal for regular Cubans to do, we can’t even process recycling or make uniforms or manufacture or own machines to make fabric… the govt won’t let us… the Cuban one in case you need clarification
No clarification needed.
I have a friend that is lucky enough to have a car but can’t afford gas. When he could use the cat he had to make his own brake pads.
Funny thing I know of this case where there was someone producing brakes out of their backyard, they needed brakes for small crop fumigating airplanes, they tested them, passed with flying colours but at the end got shut down because they were made in cuba and the boss rather fly to Canada and buy them there as those “would be better” plus he would also get multiple trips abroad out of that deal 🤦♀️
Can’t make this shit up lol
This is a profoundly pointless chart as well as the conclusions that could be derived from it as it is only based on property listings searched online and was produced by (no surprise) an online lender.
The lack of relevancy in relation to the Cuban economy (or any economy, really) is significant as it doesn’t take into account the cost of anything in Maslow’s hierarchy of needs.
Maybe I am not understanding your reason for posting this but it seems misguided at best.
So why is it so many people shit on when Cuba is doing something that is clearly better at than most countries. When faced with the options of a Cuban system or the capitalist option that can leave allot of people homeless and with shitter quality housing its hard to believe most these people would honestly take that option.
So then can you enlighten me as to why having a system that guarantees massive amounts of homeless people are gonna be wondering the streets is better than simply housing them. This is not an issue capitalism is capable of addressing.
OP is extremely ignorant and gullible.
My family members make $42 a month in Cuba as doctors.
I’m so tired of these tankies spreading fake news while my family suffers.
Yeah, let me run the numbers for you here. As you stated, the median house price in Cuba is 40569.00 USD. With the current (today) price of 260.00 Cuban Pesos per Dollar in the black market (Cuban banks doesn't sell dollars) this will amount to 10547940.00 Cuban Pesos (CUP). Minimum income in Cuba is around 2500.00 CUP (less for social security dependents), but for the sake of the argument let's say is 5000.00 CUP per month. It'll only take around 175 YEARS!!! for a regular Cuban to be able to afford a house. This is without any other expenses. Not even food.
So every Cuban is homeless?
It's very common to see three generations living in the same house
That's a very common thing in most of the world...as families took care of each other. Only in the west is it shoved down your throat that you have to move out at 18 and leave your family and shove your grandparents in an assisted living home
Except that in Cuba it’s not a choice. You WILL have multiple generations living in the same house. In fact in some cases a couple gets married, they each live in their own family home and go to motels or posadas to have some privacy to have sex. I encourage you to watch you tube videos of how the Cuban people live.
That’s a bad thing?
Average salary in the Philippines is $3,218/year. So it would take almost a 100 years there too. And if you do the math you will find out that’s the case for many countries. Many filipinos are homeless and rely on eating trash that other people throw away.
Also lets not forget that Cuba does not issue home loans of any sort. What you buy you buy cash. There are no new properties being built to be purchased by the common man. The number is simply a reflection of the transaction, ON PAPER, between existing housing. In reality the prices are much higher as the bulk of the cost is paid under the table. You simply cannot think of cuba by normal world standards.
“There are now new…” I think you meant “not” instead of “now”. A simple typo that changes the whole perspective:)
Thanks. Fixed it
> Many filipinos are homeless and rely on eating trash that other people throw away Very sad homie but r/Philippines is that way 👉
r/USA is that way 👉
Maybe, but at least Philippines is not selling Socialism as the ultimate solution while having the same or worst problems as the rest of the world. And, if you continue comparing with poorer countries, what is the point? Still, there are people eating out of the garbage in Cuba. Also, $3,218/year is around 268.00 USD per month. Few cubans are able to make that amount of money and NONE of them work for the goverment or is making LEGAL business as private workers. 5000.00 CUP per month amount to less than $20.00 USD at the current black-market rate. Also, you should know by now that the statistics published by the Cuban regime are highly curated and no one from outside of a small circle have access to RAW numbers to make informed reports or decisions.
Dude the socialist way of doing things is vastly superior to the capitalist way of handling housing. You cannot argue that a system that leaves hundreds of thousands of homeless people with millions of empty housing units is worse than the system that can simply house them.
So, how come any of the homeless in the US aren't leaving for Cuba? If they were so desperate, they'll be, as the Cuban people do, making rafts and crossing the FL straits south of the keys looking for the "vastly superior way of doing things". Hell, I'm pretty confident you're not even doing it yourself. The same applies for any neighboring countries of other "socialists" states. I'm 40 y/o and I left Cuba at 39. I saw nobody moving there permanently escaping from the Capitalist way and I met a lot of foreigners through the years
Its not Cubas job to make up for America's failed and crumbling capitaist system. Especially when it's already the US causing allot of problems for Cuba already. Also please try to remember you haven't demonstrated even how the capitalist system is better but I can see numbers and I can see homelessness, no matter how you look at this Cuba tackled the housing problem by actually using housing for housing instead of an investment to gain returns from.
Considering the fact that you rely on official numbers, get yourself familiarized with the concept of “inflar globos” in the Cuban dialect for everything related to statistics and performance report within the regime. Preferably from a Cuban person and not one of your socialist apologists. Do your research and find out.
Why is that always what capitalists say whenever their preferred economic system is making things worse and we can see the more socialized option is better. Cuba isnt the only country to prioritize housing so I'm gonna believe what has actually been demonstrated to work better over the guy who is nieve enough to advocate for system that by design makes things more expensive over time, pricing hundreds of thousands out of the market, and has lead to an excess of unused homes. What is worse is this is this is creating another speculative bubble in the US housing market that will one day pop taking much of the rest of the economy with it. This has happened before yet for whatever reason capitalists never learn their lesson that constantly increasing profits isn't nessissarily a good thing nor is it even possible.
Considering the fact that I’m an exiled from Cuba I guess I can give a more detailed and from ground perspective of what really goes on inside the country. The USA have its own problems and I don’t deny it. But washing the face of the regime in Havana based on their propaganda makes you a lot more naive than you think.
Or your just selling out to a fantasy version of capitalism that doesn't actually exist in the real world and don't grasp the fact that the country you came to has been the sole source of cubas problems since 1899. I'm aware Cuba has its problems that are independent of American influence but that dosnt change the fact that making Cuba as much of a shithole as possible has been a project of the United States since the 60s. You should be speaking out against what America does to Cuba not enableing the people who want to bring even more of America's capitalists nonsense down there.
You are comparing average salary of Philippines when you should be asking about average salary for Manila which a quick google tells me its around $5,165 which makes it around 41 years, which is not good, but not as bas as 175 years for Cuba.
> 175 years for Cuba 422 years if you are paid minimum wage, 2100 CUP or 8 USD per month
Yeah... But most houses are worth way less that 40K in Havana. Especially in the periphery. You may find houses for 5K, 10K. Which still is a lot for a Cuban, but within the 30, 35 years of a loan, even less. If you go outside of the capital, the prices are even lower... it is not impossible to find houses for 2K, 4K... The real problem in Cuba is the lack of loans, everything has to be paid fully, in cash. And there are very very very few new houses.
Try to save to 2000USD when you earn 10 USD per month for ALL YOUR NEEDS!. Even if loans existed, no bank is going to give one based on that income.
Honest questions, you’re allowed to own property in Cuba? Land as well? Is that a free market reform from Communism or has it been that way the whole time?
Go to Cuba and have a look for yourself. That answers everything. Stats mean nothing.
I will visit there in the next few years
Ok but don’t stay at a tourist resort or tourist hotel. Those places will have just about anything and I mean anything you may want or desire. Find a Cuban friend and see if you can stay at their family’s home. That way you will get to see that the Cuban people have to live with. I would prepare myself, watch You Tube videos made by Cubans before you go.
A fact that I haven’t seen stated in the comments is that home prices are so depressed due to the massive exodus happening in the last couple years from Cuba. It’s calculated that almost half a million Cubans have left to either the US directly or other countries to cross into the US. Say that half of that amount sold their houses to finance the trip. That leaves us with a quarter million houses flooding the market. But even to me that sounds like too many. Even a fraction, say 100,000 homes sold in the last two years, with everything inside. And those who remain don’t make nearly enough to afford them. That’s how you get an apartment in Havana, with everything inside, for $4000 USD
The housing market in Cuba is expensive for foreigners and completely unaffordable for the average Cuban. The only Cubans buying houses are government officials and private business owners that are connected to government officials. Don’t spread misinformation please, this is coming from a Cuban that has family in Cuba that owns property.
It’s funny how some people try to sell Cuba like if it is a paradise or the best place on Earth. A completely mistaken thought! Go to Cuba and check how many locals can buy themselves a home with its own salary, either working in the private sector or for the government, which is worse! I totally agree with pentrum83.
It's funny how some people try to sell Cuba like if it is a hell or the worst place on Earth...
Definitely not the worst neither, but very very very far from being the best. And I live in Cuba too. And you do know it is almost impossible for a common Cuban, one that lives in the day-by-day, which is the majority here, to buy a home for itself. Not to mention that it is almost impossible to buy decent food lately. So yeah, it is funny to sell this country as paradise. Sorry if you don’t like my opinion. Ask out and you’ll see it.
No! This is completely false! Cuba’s housing market is super expensive. Extremely expensive for nationals and even foreigners!
He doesn’t realize that that number comes from only the declared value of the transaction which is used to minimized taxes. The real value will usually trade hands through third parties with offshore accounts.
Foreigners can buy property?
It would not surprise me that the government would allow it but, be warned one day they may decide foreigners owning property is a form of Yankee Imperialism or Capitalists taking advantage of the “Cuban People” and determine the property belongs to the “People”. There would be no way to appeal the decision and whatever you have is no longer yours. Ask the Bacardi family how that happened them.
Rule #1 you don’t do business with a dictatorship.
Everyone is doing business with china
And it should cease
Stupid yankee
Sorry but maybe doing business with the people [causing an opioid crisis](https://trone.house.gov/2023/01/08/chinas-role-in-illicit-fentanyl-running-rampant-on-us-streets/) in our country isn’t a good idea “99 percent of the fentanyl is coming from precursor drugs from China, and then it’s manufactured by two cartels, the Jalisco and Sinaloa Cartels, and they’re the ones that are bringing it across the border,”
Everyone doing business with the usa
Low effort and boring.
Based
Well make a house by yourself would be insanely less expensive, that is what people do. Just they build in some hidden plot of land and in 3 years they become the owners.
I wished all these people would just move to Cuba, if is so cheap and so easy. It's paradise then just freaking move there, and stop being obnoxious online. I remember my dad in the late 90's, early 2000's trying to find a house for him/my mom/me and my little brother. They were living with my grandma, my grandpa and an aunt. They had 1 bedroom and that's where the 4 of us lived. He tried to get assigned housing so many times, he met w/ big shot people that could assign him a house. Nothing. Also, remember back then it was ilegal to buy/sell houses. It had to be assigned by the government, like if someone immigrated and left, their houses would be given to people from the gov etc. They built some houses, and that's what my dad wanted to get, even a plot of land. Anyway he just decided to put his name in the 90's lotery and won. We been out since.
Well, yeah it’s cheap. They have to pay it in CUP and nobody makes enough. The housing is comparable to other poor countries, though, that’s for sure. It’s very unfortunate.
OP, regular Cubans can’t afford houses down there unless they have a very profitable business or family outside the country that sends them money…
Or even if they can miraculously get the money together to buy one there is no money left to buy what is needed to keep it from crumbling. And that is also in a scenario where building materials and proper tools even exist.
You could build other materials with screen, that’s also ilegal for regular Cubans to do, we can’t even process recycling or make uniforms or manufacture or own machines to make fabric… the govt won’t let us… the Cuban one in case you need clarification
No clarification needed. I have a friend that is lucky enough to have a car but can’t afford gas. When he could use the cat he had to make his own brake pads.
Funny thing I know of this case where there was someone producing brakes out of their backyard, they needed brakes for small crop fumigating airplanes, they tested them, passed with flying colours but at the end got shut down because they were made in cuba and the boss rather fly to Canada and buy them there as those “would be better” plus he would also get multiple trips abroad out of that deal 🤦♀️ Can’t make this shit up lol
😂🤣
No skid rows or homeless encampments in cuba thank you fidel 💯💯💯🇨🇺🇨🇺🇨🇺
This is a profoundly pointless chart as well as the conclusions that could be derived from it as it is only based on property listings searched online and was produced by (no surprise) an online lender. The lack of relevancy in relation to the Cuban economy (or any economy, really) is significant as it doesn’t take into account the cost of anything in Maslow’s hierarchy of needs. Maybe I am not understanding your reason for posting this but it seems misguided at best.
Crazy what absolutely nobody wanting to live in your country will do to house prices lol
So why is it so many people shit on when Cuba is doing something that is clearly better at than most countries. When faced with the options of a Cuban system or the capitalist option that can leave allot of people homeless and with shitter quality housing its hard to believe most these people would honestly take that option.
Not everyone shits on Cuba
Holy shit, you’re beyond help. You swallow propaganda like a simple comrade always does.
So then can you enlighten me as to why having a system that guarantees massive amounts of homeless people are gonna be wondering the streets is better than simply housing them. This is not an issue capitalism is capable of addressing.
OP is extremely ignorant and gullible. My family members make $42 a month in Cuba as doctors. I’m so tired of these tankies spreading fake news while my family suffers.
Cuba is awesome
We got a bunch of gusanos in here