Venezuelan islanders say expropriation affects few

AP News
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Posted: Oct 07, 2011 10:59 PM
Venezuelan islanders say expropriation affects few

Most residents of Venezuela's Los Roques archipelago don't seem concerned by President Hugo Chavez's announcement that his government will expropriate homes on the Caribbean islands.

They say the measure will affect only a few property owners.

Some residents on the archipelago's neighborhood-based assembly say they had expected Thursday's announcement and don't fear their homes or inns will be targeted for state takeover.

Chavez says some homes on Los Roques were built on plots bought in shadowy business deals and will be seized by the state.