Venezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot Spanish daily newspaper ABC.es reports that some of theVenezuelan Housing Projects Collapsed "Like Sandcastles" As Twin Quakes Expose Socialist Rot Spanish daily newspaper ABC.es reports that some of the

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

2026/06/30 06:50
2분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 [email protected]으로 연락주시기 바랍니다

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

Tyler Durden's Photo
by Tyler Durden
Authored...

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 engineers and construction specialists is that low-quality materials were used in the Chavista Housing Mission, without supervision and without applying anti-seismic standards." 

GMVV was later expanded by the socialist Maduro regime without regard for the quality of building materials or anti-seismic standards, leaving only a handful of the 193 buildings in one housing complex in quake-ravaged Catia La Mar standing. 

"None of the official buildings would withstand an engineering inspection, much less an earthquake of magnitude 7.5, like the one last Wednesday," the outlet stated.

Transparency Venezuela has previously alleged widespread corruption in the socialist housing program, including unfinished or failed projects linked to foreign contractors from Chavismo-aligned countries.

The outlet said many of these social housing projects "collapsed like sandcastles," and the head of the Chilean rescue teams on the ground told AFP News last Friday that there is "little chance of finding people alive."

The collapse of Venezuela's GMVV is becoming another case study in how socialist corruption fails at delivering even the most basic needs for the people. What was sold by the left-wing government as housing for all now appears to have produced high-rise death traps, built with low-quality materials, weak oversight and inadequate seismic standards. 

The result is grim: 1,500 dead, 50,000 missing...

Yet another example of socialist governance has instead become a symbol of state failure and corruption.

0
시장 기회
Eclipse 로고
Eclipse 가격(ES)
$0.004334
$0.004334$0.004334
-12.28%
USD
Eclipse (ES) 실시간 가격 차트

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

$5M in SPCX Positions for Free

$5M in SPCX Positions for Free$5M in SPCX Positions for Free

0 fees, 100x leverage, daily prizes, 7K+ stocks/ETFs