unitedwestand wrote:
You obviously don't have a clue of the TCs planning on returning once the problem is resolved.
One more thing. I don't know of any TCs here in the UK that don't already have a home in the TRNC as an investment/retirement home. Our numbers will drastically increase as soon as Christofias signs on the dotted line.
The only problem is, the majority of the TC's who has or are still building homes in the north, so that one day they will move back to Cyprus, are built on GC land because the land was bought on the cheap, because it was a "hot property". These will be the first people who stands to lose their investments and their dream retirement in the sun once a settlement is reached. Even if the GC's will not move back to their land, and are willing to sell it to the TC's or the British for that matter, are going to ask the full market rate and not the few hundred ££££££'s that was paid for on the "black market". Most wont be able to pay the market price for the GC land that their dream house was built on, and there goes their investments.
You may ask, that the TC's will sell their land in the south and pay the GC's in the north for the land that their dream home is now sitting on. That's fine if the GC owner is willing to part with his land, and secondly, most of the TC land in the south belonged to our grandparents, and if in the last 40+ years upon our grandparents dying, their land had not gone through probate or distributed to the children through a Will, it is going to take a very long time to sort out that mess considering most TC's have gotten "exchanged" land for theirs in the north. All the probate and Will proceedings needed to go through the RoC courts, and considering the north was closed off until 2003, I suspect not much has been done to pass on the TC properties to the heirs. The GC's on the other hand, have kept up with their land distribution and all the legal paper work necessary, even long after their grandparents have died. Their land has been passed on to their children and grand children.
No such luck for the TC's I'm afraid. Good luck in trying to get all the second and third generation of TC's to agree on how to distribute their land in the south amongst themselves. Therefore, I disagree with you, that many TC's will not move back once a solution is reached. If that was the case, they would have been already back. Those that will go back are the ones who are not holding any GC land at all or are willing to pay the market price, which will be worh more than the house they built on it.
What the Annan Plan 2004 had one of it's conditions, was that the price of GC land in the north was to be paid at the 1974 market rate. That would have saved the day for anyone who built their dream homes on GC land in the north at the expense of the GC owners. Somehow I do not believe the same will happen this time around. It is going to be full today's market rate or the GC owner will just retain their land.