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Property Crash Gathers Steam ?

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Cyprus re Property in the New York Times!

Postby Milo » Sat Jul 25, 2009 11:47 am

http://www.nytimes.com/2009/07/10/great ... ted=1&_r=1

and yet another answer from the Minister of the Interior, nothing in this statement to help those without Deeds sitting on land mortgaged by their Developer :roll: I met this gentlemen two weeks ago in a nearby village, nice man but he I think has a problem with getting new legislation thru parliament. :roll: :roll:

http://www.news.cyprus-property-buyers. ... /id=002083

He says that:-

" The Ministry of the Interior and I have repeatedly, and in multiple ways, stated that those allegations are entirely unsustainable, and, in any case, they ignore our serious efforts for the reformation of the whole system of issuing property titles in Cyprus."

so IF unsustainable allegations WHY the serious efforts to reform the system :wink: :wink:
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