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🇻🇪 Venezuela /Disasters & Emergencies

Real estate sector projects 25,000 homes over three years amid earthquake-driven demand

From El Nacional · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

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  • Venezuela’s Metropolitan Real Estate Chamber estimates that the sector could build 25,000 homes over three years in response to demand caused by earthquakes.
  • Chamber president Fernando Di Geronimo said the Housing Construction Promotion and Protection Law would simplify administrative procedures.

Venezuela’s real estate sector estimates it could build 25,000 homes over three years as demand rises after the earthquakes.

Fernando Di Geronimo, president of the Metropolitan Real Estate Chamber, said approval of the Housing Construction Promotion and Protection Law would simplify administrative procedures.

The chamber linked the projected construction to housing demand generated by the earthquakes, while presenting the law as a measure that could make the building process easier.

About this summary

Originally published by El Nacional in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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