Post-Earthquake Reconstruction in Colombia Hampered by the Crashing Construction Industry

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Issue Aug 19-25 2026: The housing sector has been among the hardest hit in recent years. Several decisions made by Gustavo Petro’s government had a significant impact on this market, affecting the availability and purchase of new homes. One of the most damaging moves was the indefinite suspension of the “Mi Casa Ya” (My Home Now) program, which guaranteed subsidies of up to 40 million pesos for the purchase of social housing.

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