Turning Point

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This topic contains 22 replies, has 7 voices, and was last updated by Profile photo of Anonymous Anonymous 9 years, 2 months ago.

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  • #53155
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi
    As many threads are started from news reports, this is a snip from Prime Puerto Banus.
    If Spain and in this instance Costa del Sol are going to clear up their act they will have to start from somewhere.
    If we are to believe the negative press then why cant we consider that this just could be the start of a new beginning.
    Please dont attack me as I am only posting news like everyone else, however in this case it could be positive and not negative information.
    If we are to believe our sources of information being in the main from newspaper reports should we not have the full picture?

    Frank 8)

    THE winds of change can be seen clearly in the new Marbella, or to be more correct, the Marbella under a new municipal government. Now we have councillors who do more than travel to courthouses every second day to answer criminal charges. Now we have plenary sessions to which members of the public are present not to heckle the opposition, but to observe the machine of local government in action. Now we have political debate rather than insults and unquestioned loyalty to a leader. The centre of power in the Marbella Town Hall has shifted from private offices and vested interests to the Town Hall itself, where proper management of municipal affairs is the order of the day. Now we have, at last, the kind of normality in the Town Hall that does not attract the paparazzi or the television cameras. In fact, the balance of the first hundred days of the new administration in Marbella could best be described as normal.

    A hundred days ago, the voters of the municipality elected ángeles Muñoz as their new mayor, and with this election, they were voting for a recuperation of institutional values in the town. Behind lay 15 years of GIL government and a year of provisional government under a non-elected temporary administration. It was a period during which democratic values had been twisted out of recognition, and decency in public life had become a bad joke for the people of Marbella. The temporary administration laid the foundations of a everywhere start, and the new elected administration is building on these foundations. At last, the people of Marbella can enjoy the benefits of a fully democratic local administration.

    Ethics

    Honest government again

    An indispensable starting point

  • #75101
    Profile photo of Anonymous
    Anonymous
    Participant

    Just Frank:
    Dont want to put a dampner and I hope that indeed the the next 1000 days carries on in the same vain.

    We now need to see a fair, uncorrupt and accountable legal system. The mayoress or her team alone cannot do it if the system is not umderpinned.

  • #75106
    Profile photo of Anonymous
    Anonymous
    Participant

    Frank

    well let’s see what happens in up and coming court cases. If the judgements start to go in favour of those of us who have been conned, rather than those doing the conning, then perphaps we can start to believe that real change in the justice system could happen. Or is it just positive spin for a change?

  • #75109
    Profile photo of Anonymous
    Anonymous
    Participant

    Oh yes indeed. 😯
    They have a bloody mountain to climb and all the talk in the world will be nothing without action.
    IF,IF,IF ? the report is true then let them prove it and it may be a good reference to shove in their face in the future if they dont.
    Trust me I am not holding my breath here anymore than the rest but at least its a tiny bit better than the reports over the last several years.

    Frank 8)

  • #75112
    Profile photo of Anonymous
    Anonymous
    Participant

    Interest rate cuts in America ?
    Could this be a positive that helps stop the decline in the financil and property markets including Spain.
    Could this be a start of a turning point ?

    Frank 8)

  • #75113
    Profile photo of mike
    mike
    Participant

    @Just Frank wrote:

    Interest rate cuts in America ?
    Could this be a positive that helps stop the decline in the financil and property markets including Spain.
    Could this be a start of a turning point ?

    Frank 8)

    Could be a turning point. But why didn’t they do this sooner? The silly sausages.

  • #75114
    Profile photo of Anonymous
    Anonymous
    Participant

    Frank

    i think anyone considering buying in Spain who does their homework, will come across sites such as this, and read of the many tales of woe. Some will take a chance anyway, but i think many more will put plans on hold until they feel that the whole system has changed enough to make them feel the risks are little more than in the UK. With that in mind, i doubt interest rates in the states (or here for that matter) will make much difference?

  • #75115
    Profile photo of Anonymous
    Anonymous
    Participant

    “But why didn’t they do this sooner? The silly sausages.”
    There are big egos and reputation at stake !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • #75120
    Profile photo of Anonymous
    Anonymous
    Participant

    Yep agree
    Its all about confidence and this week has shown just what can happen with financial institutions.
    We have yet to see what the outcome will be for this however at some point it will be history and things will move on.
    This lot got themselves in this mess with the cards on the table,what real chance did we all have when listened a legal system soooo evil.
    Some of us will have to look back at at the point in time that we got involved with the Spanish property market at perhaps the wrong time in the cycle when it was at its most corrupt.
    Sometime it will have to turn I just wish someone could tell me when,?One thing is for sure as with the financial markets it will not be before the Spanish move to bring confidence back into that market.
    Before anyone says. I wont hold my breath.

    Frank 8)

  • #75121
    Profile photo of Anonymous
    Anonymous
    Participant

    The Spanish will not do anything of signaficance. Thet will skate around the subject.

    The only time things will get done is

    1) When buyers vote with their feet,
    2) Corroupt lawyers get locked up and struck off,
    3) developers assets are seized and distributed to the people who were defrauaded wether buyers or suppliers
    4)Directors involved in any company which is placed liquidation, should not be allowed to operate again not even as a shadow director.

    I am aware some of the above are draconian measures. Sadly we are dealing with a system which deserves these measures

  • #75125
    Profile photo of Anonymous
    Anonymous
    Participant

    Shakeel
    Yep.
    1 Think the voting with the feet has already begun.
    2 Some are getting locked up.
    3 Seizing assets and distributing where needed would be a
    wonderful idea.( that would show that corruption does not pay
    like it has before)
    4 Just may find that they may not be able to skate around it this
    time as well we know this is a ticking time bomb for the Spanish
    economy and their actions will ensure if it goes off or not.
    If they ignore the signs just like N/R at their peril there will be one hell of a headache coming following their party.
    5 To even begin to turn it around they will have to accept the
    reality of where they are then there will need to be many high
    profile cases needed to restore any fragments of confidence, until
    such time the turn around may never happen.
    6 The new council in Marbella are starting to say the right things,time will tell if its just spin as Goodstich44 says.
    Now is not the time for spin now is the time to act and the longer they leave it the worse the damage.

    Frank 8)

  • #75127
    Profile photo of Inez
    Inez
    Participant

    But Frank – the time to buy here is now of course, what with Disney setting up along the coast and rental rates increasing yet again for the 10th year in a row!

    Now come on, I have the very very last unit here left for you, a snip at only 550,000 euros for a 60sqm north facing property only a 25 minute walk to the delightful and popular port of Duquesa…..give me a call and Ill see what I can do! 😆

  • #75128
    Profile photo of Anonymous
    Anonymous
    Participant

    Just Frank: Its bed time and let me tell you a story about a Spanish man who was sitting on the Beach lets call him Juan. An English man past by
    (He spoke Spanish, yes they exist) lets call him John. John asked Juan what he was doing sitting on the Beach to which Juan replied he was sunbathing. John said why dont you go fishing and sell the fish and later buy a boat and another and another.

    Juan, said and than what ? John said you will make so much money that you will have whole fleet of fishing vessels ( John had heard of Spains opt out EU fishing quotas) and you can than just relax, To this Juan replied, what do you think I am doing now.

    Please read you understated posting in the above context of Spanish attitudes

    “Just may find that they may not be able to skate around it this
    time as well we know this is a ticking time bomb for the Spanish
    economy and their actions will ensure if it goes off or not “

  • #75129
    Profile photo of Anonymous
    Anonymous
    Participant

    Inez
    Where do I send the deposit 😀

    Shakeel
    Think your confusing me with someone who believes that the Spanish and the system will change. 😉
    No point in trying to view my posting in any other way than to point out that at sometime the market will turn and its going to be up to them to sort it willingly or by legislation if any confidence is going to be bought to their market again.
    The news from Marbella is a consideration for people to consider as is the recent court cases identified on this forum with one case in favour of what should be the law and the other that keeps us aware of just what a mess they have to sort.
    The posting that interests have fallen in the States may be a positive step thats a consideration after the numerous postings that have warned of the on coming problems and predictions of doom.
    Where an earth can my posting appear understated ❓
    Think by the hits that this thread has had in the very short time has clearly been of interest to some and feel it appropriate that its seen as an overall positive one that is just saying it as it is.
    In the mean time its up to forums like this to keep pressing for change and to keep people far better informed than some of us were.

    8)

  • #75131
    Profile photo of Anonymous
    Anonymous
    Participant

    Just Frank:
    Legislation will not do. There are the legislations already on the statutory books. Its the Judiciary that does not work.

    Apart, from cases not going to Courts for years thus “justice delayed is justice denied” springs to mind.

    While, I agree that no two cases are the same and the detail facts of each case may be different from the other.

    I, for one has no confidence in the competance, integrity of the Courts or its guardians

  • #75133
    Profile photo of Anonymous
    Anonymous
    Participant

    Shakeel
    Neither do the rest of us and here lies the problem.

    Frank 8)

  • #75138
    Profile photo of Anonymous
    Anonymous
    Participant

    Exactly. Less talk & more responsible & moral Action is vital Now – they need to take the cotton wool out of their ears & stick it somewhere more appropriate.

  • #75139
    Profile photo of Anonymous
    Anonymous
    Participant

    Suzanne

    ……but that will add to more sewage problems!!!!

  • #75140
    Profile photo of Anonymous
    Anonymous
    Participant

    Not if they stick it in their mouths 😀

  • #75151
    Profile photo of Anonymous
    Anonymous
    Participant

    Same crap different holes then we agree
    Cotton wool stays wherever and no turn around. 🙂

    Frank 8)

  • #75329
    Profile photo of Anonymous
    Anonymous
    Participant

    ‘In a case dating back to 1988 the Prosecutor’s office in Málaga has asked for a total of 28 years in prison for three real estate personnel who are accused of defrauding members of the public who were trying to sell their homes.’
    http://www.costadelsol.st/news/news_pres.php3?nr=800072246&type=1

    Sounds like another Turning Point, to me 🙂

  • #75331
    Profile photo of katy
    katy
    Spectator

    Can’t see the same happening to powerful developers though. Seems crooked Brits are different. I think the Malaya bunch will only get a couple of years each. It is a good start though 🙂

  • #75332
    Profile photo of Anonymous
    Anonymous
    Participant

    Agree
    We all want the Spanish to act and at least this is a case of making the right noises. 🙄
    Time will tell if money is to corrupt again. 😈

    Frank 8)

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