People's organizations monitor rental rates in Venezuela
Superintendent Ana Marina Rodríguez said that the replacement value will be used not only to determine the rental, but also to set the sale price of dwellings located in the buildings used for rental
"Works will be carried out along with organizations to determine the rental rates," the public servant told state-run TV channel VTV.
One year after the entry into force of the Rental Law, government authorities have not estimated yet the rent to be charged by owners because the Ministry of Housing has delayed setting the replacement value (price per square meter).
According to the authorities, the costs per square meter are scheduled to be published on Wednesday. The superintendent added that proposals had been received from grassroots organizations with regard to the calculation methods.
"There was a joint work to determine the rental rate and the supply preference," she explained. The schedule will also set the sale price of dwellings located in buildings older than 20 years, used for rental.
Translated by Conchita Delgado
"Cocoa is to Venezuelans what wine is to the French," says Alejandro Prosperi, head of the Venezuelan Chamber of Cocoa, using this simile to express the paramount importance or the cocoa industry for the country. Often times heralded as "the best cocoa in the world," a passion for quality dating back to the sixteenth century has made Venezuelan cocoa growers to enjoy high prestige at international level and their product to be among the most sought-after in the world.