Venezuela’s Earthquake and the Housing Trap | Tulsa News

Tulsa News Today | 2 Min News | The Daily News Now! · Jul 7, 2026 · 1m

A devastating earthquake struck Venezuela’s coastal town of Caraballeda, leveling homes from luxury yachts to modest public housing—where wealth and poverty lived side by side. For decades, housing was a national dream fueled by oil wealth, with government-built homes offering security even as ownership remained elusive. Now, families mourn lost lives and missing loved ones amid rubble, while the government offers no clear path to rebuild. Without property deeds, residents remain vulnerable to political shifts, leaving them stranded in uncertainty as they wait for answers that may never come…