Quote:
Originally Posted by Peter Mitry
It's no diferent to Spain where we have had the recent town hall scandals with cash being paid to senior officials in return for building licences. Then came a change of central government (following the Madrid bombing) and corrupt officials are now in jail and building licences have been revoked. The short term effect has meant turmoil in the property market but the long term will be more predictable and better for everyone.
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Anything similar known in Egypt yet