Typical reply from a typical Maltese person only interested in comparing wages. The minimum wage in most US states is 1250 dollars gross (roughly 1000 euros). A single bus fare costs $3.20 and a single subway ride costs $2.20.

Need I also mention the rent?

In Malta you get rent a decent-sized apartment for 300 euros. n the US (most cities) you’d be lucky to find a tiny studio for less than 800 dollars. Comparing wages alone doesn’t get you anywhere.

Cicc, the slowdown is due to the uncertainty of a potential Labour government.

When Labour gets into government, apart from the uncertainty about the global economy, we will have the added bonus of not knowing what they’ll screw up next.

Labour has been very clear. The save-employed will be “safe” under Labour.
Like this one. And Labour will hold the key to grab what it likes whenever it feels like it.

http://www.iconarchive.com/show/security-icons-by-aha-soft/safe-icon.html

FP, Labour’s divorce from the GWU was null.

The market is stable, indeed has seen growth, in urban conservation areas.

People look at these as a safe long term investment as well as the place where to set up home, which is, after all, what most buyers are after.

We could be facing a situation where certain locations will only pick up when overdevelopment, (resulting in eight storey empty blocks with the one occupied penthouse) is reversed.

Developers, like any business, need to innovate their mission statement or risk going bust. They need to realise they’re not entitled to any say in demand and must respond accordingly. What we’ve had to date is intensive lobbying to maintain existing practice and knowhow.

She’s probably imagining the Lord Mayor’s procession and Guildhall dinner. Has anyone told her the truth about our local councils? (sorry, “Local Councils”)

I just need it to function, not to impress the ladies.

@ Mr. Farrugia – the fuel charge aloneis crippling. A Maltese friend of mine, living in Farnsborough said that it’s the elderly who are suffering the most because of the fuel charge, they are trying to safe as much as possible on the fuel, then suffering the consequences.

I wonder how McKenna is so sure that Labour are better at improving competitiveness.

Has Labour been promised the GWU’s hand in marriage again, per chance?