Monday, 6 December 2010

National Property Policy

"In view of the severe downturn in the property market, it would be grossly unfair to expect property owners to sustain such proposed increases in Taxes and Reductions in Tax Allowances as indicated in the Four Year National Recovery Plan. It is important for the Government to realise that Property can contribute to the Recovery. It would be our suggestion that a National Property Policy be prepared by Business owners, Landlords & Tenants, Property Professionals as well as the Legal community”, according to Patrick J. Riney.