Venezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot

Venezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot Spanish daily newspaper ABC.es reports that some of the worst quake damage in Venezuela is concentrated in Caraballeda and Catia La Mar, where high-rise towers built under the Great Housing Mission Venezuela, or Gran Misión Vivienda Venezuela (GMVV), were reduced to rubble. The Chávez-era socialist housing program is now facing scrutiny after the outlet noted, "The explanation given by e...

By Tyler Durden