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Tuesday, October 19, 2004

For real estate agents and others concerned
Declining property/land sales and the LRAU
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During the last few months one has been hearing from many businesspeople and agents, similar to yourselves, who all tell of the rapidly declining property market. This is primarily for two reasons; one is the rising interest rate in the UK and the other is the ever-growing coverage that the LRAU is generating throughout the entire media of the UK and other European countries, from local newspapers to the big TV networks. Many visitors know there is "something wrong with the property market on the Costa Blanca" and I feel sure that this "negative thought" is additionally/in part responsible for the declining tourist market. Surely you must accept that Estate Agents, and other professionals involved in the property market, cannot continue to ignore what is going on and sweep this devastating trend under the proverbial carpet. Without clients you have no business. If you wish to remain in business, and see that business grow over the coming years, this is surely themoment to do something about it - **NOW**. Until you, as a major player in the retail industry, stand together and speak out, along with all your colleagues and with one clear voice, and start to tell the Valencian Government that due to their bad law, and their attitude towards the directives now coming from Brussels, they are creating an ever-increasing uncertainty in the property market. The Valencian government's total lack of coherent understanding of the land and property laws, (that have provoked the fears of property owners who are concerned at the possibility of losing everything) whilst continuing to give priority to the demands and greed of developers, has produced the inevitable result that buyers are being driven away, not only today but in the future. This will persist unchanged until something is done about it. People have long memories when it comes to fear, and the stigma of theLRAU and its derivatives probably will cling to the Valencian government for more years than the lifespan of any current politician. Can your business withstand a slump for ten or twenty years? Please consider this problem which is being forwarded by a very concerned property owner who has been a member and supporter of AbusosUrbanisticos-No campaign since it began. I don't think there is a single friend or member of my family in UK/EU, and even beyond, who is unaware of this problem. They all mention it to me. Without exception they all react in total disbelief that something as scandalous as this is being allowed to continue and in an EU member state. The abuses operated under the discredited LRAU might not disgrace a communist South American banana republic - but in the EU??! All find that to be totally incredible. Why not email < aun@abusos-no.org > and talk; we can all help each other towards a brighter future.

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