It is eight years that we started our fight against all consequences of what it was essentially a problem of lack of regulation and discipline in several professional fields all related to Spain´s Real Estate Boom and Crush.
Our times´mentality makes difficult and unpopular to talk about discipline and regulations but it is just natural order. All in life has its features, principles and rules: we are under parameters and order. Punishments then comes from nature inmperative or from human´s agreement, but, what is clear is that (1) if there are no rules, there is disorder and/or (2) if they exist but are breached, there are also fight and discontent so... why not to naturally accept them and live them out thinking that they are for our joy an benefit?
So...: going to the off plan circus and disaster of late years in Spain, some EOS members were very rightly commenting today in one of my posts,
My two.cents: four pillars which were weak and need, reinforcement and life:
- Lawyers regulations and discipline
- Banks regulations -- specifically on off plan buildings
-Estate agents regulations
- Land Registry control over these rights.
Just to name possibly the main ones, some of you can come out with other ones...
Possibly, as Keith Rule has been demanding through his petition , the route is to make a new new Law 57/68. No big deal. This, will also makes a great contribution for Spain not to fall again in a false ecomomic growth (and subsequent thwack) based on lack of guarantees for many but for Banks IN CONTROL of just their own benefit.
New times: collaboration: all inspired by this natural principle of coexistence. If not followed: ruin and more ruin...
Cheers!
Granada, Southeast Spain