Cuban President Raul Castro announced that Cubans can now sell, and buy homes. Up ’till now Cubans could only pass on their homes to children, or arrange complicated trades.
Raul Castro warned that Cubans will not be allowed to collected large amounts of property, under the new rules.
Fidel Castro approved of the communist party decision. The Cuban communist party also agreed to let the general population have access to credit. Since October 2010 more than 200,000 Cubans have started businesses.
The Cuban communist party also made the revolutionary statement that they will not be involved with the administration of the state government.