http://www.cyprus-mail.com/cyprus/cyprus-property-market-tarnished-london-protest/20100330
The signs were part of a high-profile campaign organised by Conor O’Dwyer who is embroiled in a lengthy legal battle with local developers.
We are all familiar with Conor O'Dwyer's case
Gasman wrote:We are all familiar with Conor O'Dwyer's case
You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.
And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.
Paphitis wrote:Gasman wrote:We are all familiar with Conor O'Dwyer's case
You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.
And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.
The Cyprus Property Market has overcome more serious obstacles in the past, and I don't believe the developers would be overly concerned.
The fact of the matter is, Cyprus is an idyllic Mediterranean island with an excellent climate, and so property demand will always be present despite slight variations in demand brought about by natural economic cycles.
But let's say it turns away a few British investors. Many of us believe that this is a good thing, because those investors have already caused overinflated property prices by Cypriot standards meaning that the younger generations are finding it increasingly hard to buy their first home. By international standards, Cypriot property is still very cheap and affordable, and international investors see Cyprus as a good place to invest (sadly).
Tim Drayton wrote:Paphitis wrote:Gasman wrote:We are all familiar with Conor O'Dwyer's case
You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.
And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.
The Cyprus Property Market has overcome more serious obstacles in the past, and I don't believe the developers would be overly concerned.
The fact of the matter is, Cyprus is an idyllic Mediterranean island with an excellent climate, and so property demand will always be present despite slight variations in demand brought about by natural economic cycles.
But let's say it turns away a few British investors. Many of us believe that this is a good thing, because those investors have already caused overinflated property prices by Cypriot standards meaning that the younger generations are finding it increasingly hard to buy their first home. By international standards, Cypriot property is still very cheap and affordable, and international investors see Cyprus as a good place to invest (sadly).
Excellent use there of the word 'idyllic'. Well done!
Paphitis wrote:The signs were part of a high-profile campaign organised by Conor O’Dwyer who is embroiled in a lengthy legal battle with local developers.
The Cyprus Property market has no need to be concerned since this guy has a very serious chip on his shoulder.
We are all familiar with Conor O'Dwyer's case, and quite frankly, he has made a big fool of himself and does not have a leg to stand on.
We are also familiar with the well known property developer, who has been in business for many years and has completed many projects and has others still underway.
Water off a Duck's back!
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