Venezuelan Housing Prices Jump as Emigres Consider Buying

Venezuelan housing prices jump as emigres consider buying

BOGOTÁ, Colombia — Buying property in his home country was once “unthinkable” for Carlos Peñalver, a Venezuelan electrician who left for the United States four years ago as the economy of Venezuela faltered. The capture of President Nicolás Maduro changed the calculus, enough to get Peñalver to start calling real estate agents. He soon closed on a three-bedroom apartment in the eastern port city of Puerto Ordaz. Days later, prices had already go…