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Squatters Call Venezuela's Highrises Home

Categories: Latin America, Venezuela, Governance

In Margarita Island, there’s Corocoro [1], an unfinished apartment block which was under the control of FOGADE [2] (the State’s entity in charge of taking over assets from failed banks) until June 2009 [3]when it was invaded. Right now, there are a thousand people living there.

In Caracas Chronicles [4], Gustavo Hernandez Acevedo writes about “vertical squats” in Margarita Island [5].