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Bid to change 'unfair' land deal system

by isleofman.com 16th May 2011

Greater transparency in land deals is the aim of a private member's bill being brought to the House of Keys by a Rushen MHK later this month.

Phil Gawne says buying and selling land has become a massively lucrative business over the last couple of decades, with development land prices increasing tenfold, from ?30,000 to ?300,000 per acre.

He believes the current system is unfair and allows a few investors control over most of the land.

Mr Gawne says the bill has two aims (play audio file):

Anybody who wants to let Mr Gawne know their views on his bill is asked to contact him by this Friday, May 20.

Details are on his website, philgawne.im


Clip 1
Posted by isleofman.com
Monday 16th, May 2011 07:34pm.

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