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The housing sector in Colombia continues to go through a bad time and it is not only due to the collapse in the sale of new units, which in May completed 15 months of sharp falls both in the low-income segment (VIS) and in the without VIS. Definitely, the slowdown of the economy, high levels of unemployment, the higher cost of living and the increase in the cost of financing are factors that have been contributing to deepen this crisis, which has not yet impacted the mortgage portfolio of financial institutions, according to a recent analysis by Banco de la…

For a few weeks, days have been held in Colombia that seek to renew their documents for those people whose driver's license expired in 2023. Although the maximum deadline to do so expired on June 20, drivers can still do so without receiving fines.as long as they do not drive while carrying out the process. (You might be interested in: Soat: Can it be bought at gas pumps?) And it is that those who decided to use their motorcycle, car or any automotive vehicle without having renewed they can face a fine of 309,336 pesos, as it is a B02…

In July 2012 it was announced that people had the possibility of acquiring the Compulsory Traffic Accident Insurance (Soat) in gas stations, however, in 2022 the law changed and this way of acquiring it did so with it. (Also read: The government has only bought 1.6% of the land offered for agrarian reform) By decision of the government of Iván Duque and Congress, Law 2161 of 2021 will be complied with, which stipulates that there is a decrease in the commissions of the Soat sales. (You might be interested: Caldas is at the top and La Guajira, last in the…

Article 30 of the National Traffic Code establishes that No vehicle can travel through the roads of the national territory without carrying a road kit. This consists of: a jack with the capacity to raise the vehicle, a crosshead, two triangle-shaped road signs in reflective material, a first aid kit, extinguishertwo plugs to block the vehicle, basic tool box, spare tire and flashlight.(Keep reading: Driver's license: what to do if you don't pass the renewal test?). One of the most important elements of the road kit is the fire extinguisher, since it must be stabilized recharged and under special conditions…