Cubans embrace freedom to buy and sell homes

1. Wide of Malecon Avenue in Havana and Morro Castle in background
2. Wide of residential buildings
3. Zoom out from sign on property reading (Spanish): “Exchange 1×2” (referring to houses)
4. Tilt down website Revolico.com showing adverts of houses for sale
5. Wide exterior of Tania Duran’s house
6. Wide of Duran and her husband Fernando Ramiro in their dining room
7. SOUNDBITE (Spanish) Tania Duran, Owner of House for sale:
“Before, if there was a sign of a house for sale or purchase it could be considered illegal. It could cost you your house and it was a very sad situation. Now I’m very happy and I think we all are because now you can do it. It will be easier, there’s nobody stopping you, no troubles. Apparently there will be no bureaucracy and no obstacles.”
8. Duran and Ramiro walking through their house
9. Close-up of sign reading (Spanish) “Municipal Housing Bureau”
10. Wide of people entering bureau
11.SOUNDBITE (Spanish) Juan Jose Pena, hoping to sell house:
“This law is very good. Because we will have the facilities of selling and buying houses to whoever has the money. Before you couldn’t do it. There were families with one or two houses who couldn’t sell them.”
12. Mid of people waiting inside bureau
13. Wide of Malecon Avenue and Havana City in background
STORYLINE:
A new law allowing Cubans to openly buy and sell real-estate took effect on Thursday.
The highly anticipated new rules also allow Cubans to bequeath property to relatives without restriction and avoid forfeiting their homes if they abandon the country.
The law instantly transforms islanders’ cramped, dilapidated homes into potential liquid assets – and it’s the most significant reform yet adopted by President Raul Castro since he took over the communist country from his brother in 2008.
Listings on Revolico.com, a classified ad website, have mushroomed since the law was announced last week.
Prices ranged from the tens of thousands into the hundreds of thousands of dollars – and one seller wants a cool 1 (m) million US dollars for an oceanside villa in the resort town of Varadero.
Havana resident Tania Duran is confident she’ll find someone on the island willing to part with 200-thousand US dollars for her four-bedroom, two-storey home, which her family spent years remodelling.
Either way, she’s happy with the new law. “It will be easier (to buy or sell real estate), there’s nobody stopping you, no troubles,” she said. “Apparently there will be no bureaucracy and no obstacles.”
Indeed, the law is a far cry from the past, when sellers and buyers turned to black-market transactions – with many thousands of dollars changing hands under the table.
President Castro has spearheaded a year of economic changes that has seen Cubans go into business for themselves in unprecedented numbers, and legally rent out rooms and automobiles.
A legal market for the sale and purchase of used cars was established last month.
But the housing law has been by far the most anticipated change, and one that is likely to affect the lives of millions of Cubans.
Havana residents began lining up at government offices early to seek information and process paperwork for property deeds – and their numbers increased throughout the day.
Juan Jose Pena is hoping to sell his house under the new rules.
“This law is very good,” he said. “Before you couldn’t do it. There were families with one or two houses who couldn’t sell them.”
The new law should make it easier for young couples to find their own space, and for seniors to downsize their empty nests and pocket money to fund their retirement.
Economists and Cuba experts agree the housing law could be a game changer, but they also caution not to expect too much, too soon.

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Maverick’s Owner Mark Cuban’s Memorabilia | Hollywood at Home | PEOPLE

The owner of the Dallas Mavericks gives a tour of his home office where he displays his most prized possession

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Mark Cuban Interview – Mark Cuban’s Top 10 Rules For Success

He’s an American businessman, investor, film producer, author, television personality and philanthropist.

He’s the owner of the NBA’s Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV.

He has an estimated net worth of US billion.

He’s Mark Cuban and here are his Top 10 Rules for Success.

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1. Now is the time
His first step into the business world was at age 12, when he sold garbage bags to pay for a pair of expensive basketball shoes.

2. Be passionate
Rather than attend high school for his senior year, he enrolled at the University of Pittsburgh. During college, he had various business ventures, including a pub, disco lessons, and a chain letter.

3. Don’t make excuses
He was fired as a software salesman less than a year after being hired, after meeting with a client to procure new business instead of opening the store.

4. Learn from history
Cuban started a company, MicroSolutions. In 1990, he sold it to CompuServe—then a subsidiary of H&R Block—for million.

5. Enjoy competing
In 1995, Cuban started Audionet. With a single server and an ISDN line, Audionet became Broadcast.com in 1998.

6. Know your business
By 1999, Broadcast.com had grown to 330 employees and .5 million in revenue. In 1999, during the dot com boom, Broadcast.com was acquired by Yahoo! for .7 billion in Yahoo! stock.

7. Be brutally honest with yourself
The Guinness Book of Records credits Cuban with the “largest single e-commerce transaction”, after he paid million for his Gulfstream V jet in October 1999.

8. Know your strengths and weaknesses
On January 4, 2000, Cuban purchased a majority stake in the NBA’s Dallas Mavericks for 5 million.

9. Be unique
He’s also a “shark” investor on the television series Shark Tank.

10. Be yourself
Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.

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A video on Mark cuban

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Manny Man Does the history of the Cuban Missile Crisis in 5 minutes. It’s a quick and easy way to get up to speed on what the crisis was all about! Of course it’s five minutes so not every single detail is in there but you get the general gist of what happened! Enjoy! Please share!
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Korean Cubans or Cuban Koreans?

How do we decide where is home? Feeling increasingly isolated in her adopted homeland, accomplished Korea-born American documentarian Dai Sil Kim-Gibson travels to Cuba to unearth stories from a relatively unknown group in the Asian diaspora. On the island, she meets Martha, a woman of Korean descent who identifies herself as Cuban. Like many of her contemporary countrymen and women, Martha possesses family ties that span multiple nations, cultures, and politics. Her story inspires Kim-Gibson to travel to Miami to meet Martha’s émigré sister and the rest of their mulitcultural family, in a journey that reveals how very different worldviews can co-exist in one family separated by place and ideology.
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Cubans Enjoy American Food at 1st Burger Joint

Cubans Enjoy American Food at 1st Burger Joint

A restaurant in Havana is providing a tase of traditional American cuisine. It’s Cuba’s first burger joint. (Aug. 14)

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Mark Cuban’s 12 Rules for Startups

The billionaire tech entrepreneur offers his best advice from hiring passionate employees to never hiring a PR firm. Read more at: http://www.entrepreneur.com/article/222524

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