If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Trend Setter...Spanish law targets house prices

pipraider · 2007-05-11 23:15:09

The Spanish Parliament has passed a law aimed at controlling property speculators whom the government blames for spiralling house prices. http://news.bbc.co.uk/1/hi/business/6646865.stm -d-

11-05-2007 11:15pm

#1

pipraider

Closed Accounts Posts: 9 ✭

Join Date: January 2007

Posts: 5

The Spanish Parliament has passed a law aimed at controlling property speculators whom the government blames for spiralling house prices.

http://news.bbc.co.uk/1/hi/business/6646865.stm

-d-

0

Comments

#2 11-05-2007 11:27pm

gurramok

Closed Accounts Posts: 13,992 ✭✭✭✭

Join Date: September 2001

Posts: 13618

Nice find.

Won't happen here, it should of happened 5 years ago when speculation started the whole mess.

That law would not be good for the likes of Frank Fahy, Ivor Callely who own many properties in this country and especially that property developer magnate Jerry Beades is on FF national executive....the hint here is FF the controlling party are too close to construction industry.

It would make sense to introduce a law like that in all housing markets(germany has a high penal tax to stop speculation hence no bubble there), greed is root cause of bubbles hence the existence of speculators.

0