David McWilliams: Why Irish apartment rents are like the Cuban car market

If you restrict supply amid huge demand, even old bangers become hugely expensive

People load luggage  into a car at José Martí International Airport in Havana, Cuba. File photograph: Enrique De La Osa/Reuters

People load luggage into a car at José Martí International Airport in Havana, Cuba. File photograph: Enrique De La Osa/Reuters

Two years ago, my son spent half his transition year in the Vedado area of Havana, a few miles west of Havana’s extraordinary old city. Havana is a vibrant city. There might not be a more exciting place to learn Spanish – and the competition is stiff. The Spanish-speaking world hosts some of the most pulsating cities on Earth.

He stayed with a Cuban family, immersed in the fascinating psychodrama that is everyday life on that island.

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