Bias
Deedee,
I cannot help it but I get a feeling that your profession has something to do with real estate in the North. I have declared my bias and I believe it is ethical for you to declare yours. You cannot claim a "no bias" position if you are professionally engaged in the real estate business on the island, either North or South.
Please understand that I have nothing against you, i strongly believe that there needs to be a solution on the island, so we can all go on living our lives in total safety and as part of a European family because our people deserves this. If there is a solution then we can all expand our business and we can all sell property to asset rich Europeans who want our sun and our hospitality....
In the meantime rest assured that the Greek side will continue to put pressure through the UN and Europe in order to stop the usurpation of pre-1974 Greek property in the North. Since the UN has been powerless to do anything about the Cyprus problem, Cypriots (Greek & Turkish) will increasingly look for compensation in the European courts for their lost lands in the North & the South.... The legal risks associated with purchasing property in the North are enough on their own to make a serious investor think twice....Forget the ethical side of the situation.
As for the South I am keeping my cash for when the prices stabilise because the international economic crisis hasn't hit home yet!!! we seem to be a bit slow, maybe its because we are an island??!!!
On a lighter note: To Tony, his wife and the rest of his friends, It would be hilarious if the Germans invade the South of England, you end up a refugee in Scotland and the Germans selling off Surrey to the French!!!!!!!! Number 10Downing going for 300,000 euros..... Merci beaucoup!!!
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