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
María Fernanda Astudillo is a store analyst for Alimentos Polar working at the company's facilities in La Yaguara. At only 23 years of age, she has made a career in that company where she has worked for the last six years. Now, besides her responsibilities, which include overseeing shipping/receiving and warehousing of goods, she is taking part in the roundtable discussions among the other companies operating in the La Yaguara industrial park, the Government and the workers exploring possible ways of coping with the order to expropriate the land.