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Havana property boom only for Cubans, for now

Market forces are allowing older Cubans to easily downsize and get the cash they need to live on while new investors are transforming tattered properties into boutique hotels before an American tourist surge hits.


A FEW hours and a mojito or two after arriving in this 500-year-old city, with its ocean vistas and dazzling architecture, American visitors often ask: Can I buy a piece of this?

They cannot. The Cuban government doesn't allow it. The US government doesn't allow it. Not yet