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	Comments on: Sandro Chetcuti is going to be sorely disappointed	</title>
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	<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/</link>
	<description>Daphne Caruana Galizia is a journalist working in Malta.</description>
	<lastBuildDate>Fri, 03 Jan 2014 12:04:42 +0000</lastBuildDate>
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		<title>
		By: Michael		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1473172</link>

		<dc:creator><![CDATA[Michael]]></dc:creator>
		<pubDate>Fri, 03 Jan 2014 12:04:42 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1473172</guid>

					<description><![CDATA[If 350k is high end, then I must be living in a cave, and the economy has gone to shite.

Four years from now, actually, the only hospitable place that might be considered high-end would be the Auberge de Castille, with all of those pompous, insufferable oafs of government ministers feasting.]]></description>
			<content:encoded><![CDATA[<p>If 350k is high end, then I must be living in a cave, and the economy has gone to shite.</p>
<p>Four years from now, actually, the only hospitable place that might be considered high-end would be the Auberge de Castille, with all of those pompous, insufferable oafs of government ministers feasting.</p>
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		<title>
		By: Gullible's Travels		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1471580</link>

		<dc:creator><![CDATA[Gullible's Travels]]></dc:creator>
		<pubDate>Fri, 03 Jan 2014 00:42:07 +0000</pubDate>
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					<description><![CDATA[Sources &quot;which are usually well informed&quot; say that Michael Falzon A&#038;CE will not be seeking re-election as President of the Malta Developers Association at the forthcoming annual general meeting due in the coming months.

The new MDA president will be  Sandro Chetcuti. 

I hear that Chetcuti is also gearing up to stand for election on the Labour ticket and that he is working hard towards that end, with a view to being a minister or parliamentary secretary post 2018. Time flies.]]></description>
			<content:encoded><![CDATA[<p>Sources &#8220;which are usually well informed&#8221; say that Michael Falzon A&amp;CE will not be seeking re-election as President of the Malta Developers Association at the forthcoming annual general meeting due in the coming months.</p>
<p>The new MDA president will be  Sandro Chetcuti. </p>
<p>I hear that Chetcuti is also gearing up to stand for election on the Labour ticket and that he is working hard towards that end, with a view to being a minister or parliamentary secretary post 2018. Time flies.</p>
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		<title>
		By: ciccio		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1471089</link>

		<dc:creator><![CDATA[ciccio]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 21:36:50 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470564&quot;&gt;Jozef&lt;/a&gt;.

True, but they might even leave their property vacant.  All the more reason why Astrid Vella should protest about this - more vacant properties.  There were 70,000 the last time I checked.  Make that 71,800 now.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470564">Jozef</a>.</p>
<p>True, but they might even leave their property vacant.  All the more reason why Astrid Vella should protest about this &#8211; more vacant properties.  There were 70,000 the last time I checked.  Make that 71,800 now.</p>
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		<title>
		By: Jozef		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470585</link>

		<dc:creator><![CDATA[Jozef]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 18:47:09 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1470585</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1468278&quot;&gt;unhappy&lt;/a&gt;.

So Henley &amp; Partners have a real estate arm - just wait for their glass, bamboo and pebble agency office somewhere along Tower Road.

And don&#039;t forget the ginseng cappucino. What a nation of suckers.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1468278">unhappy</a>.</p>
<p>So Henley &#038; Partners have a real estate arm &#8211; just wait for their glass, bamboo and pebble agency office somewhere along Tower Road.</p>
<p>And don&#8217;t forget the ginseng cappucino. What a nation of suckers.</p>
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		<title>
		By: Jozef		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470564</link>

		<dc:creator><![CDATA[Jozef]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 18:39:31 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470294&quot;&gt;ciccio&lt;/a&gt;.

And if they&#039;re not even required to even glimpse the property who&#039;s holding them back from sub-letting to others? 

Iz-zunzana ddur iddur.....]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470294">ciccio</a>.</p>
<p>And if they&#8217;re not even required to even glimpse the property who&#8217;s holding them back from sub-letting to others? </p>
<p>Iz-zunzana ddur iddur&#8230;..</p>
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		<title>
		By: ciccio		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1470294</link>

		<dc:creator><![CDATA[ciccio]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 17:05:47 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1470294</guid>

					<description><![CDATA[To think that all that talent that will be attracted to Malta will only pay Eur 80,000 of rent in Malta per capita over 5 years...]]></description>
			<content:encoded><![CDATA[<p>To think that all that talent that will be attracted to Malta will only pay Eur 80,000 of rent in Malta per capita over 5 years&#8230;</p>
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		<title>
		By: Jozef		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1469965</link>

		<dc:creator><![CDATA[Jozef]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 15:06:43 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1469965</guid>

					<description><![CDATA[And Astrid Vella will have to keep her mouth shut, because any new &#039;development&#039; by the Malta Developers Association will be rushed through on the grounds of foreign direct investment. 

It&#039;s also not clear whether these contracts can be extended to property on plan. The ultimate Ponzi scheme. 

As for keeping government bonds for five years, if there was a sign of Muscat&#039;s short term thinking it has to be this one. 

Does he realise what effect this will have on their issue, who&#039;s going to buy these when in five year&#039;s time there will be a constant supply of 150k packets which could be dumped, supposedly compensated by Chetcuti&#039;s envisaged real estate spike? I wouldn&#039;t, I&#039;d wait and shop later. 

This incestuous interlinking of property values and sovereign debt has to be the most dangerous idea yet. Throw in the secretive plans to create developable land and it becomes explosive, it&#039;s Zapatero, Dubai and Azeri delusions in one. 

I don&#039;t think we&#039;ve actually realised the risks involved here, even more so when this prime minister behaves and speaks like he has a hidden agenda. 

What&#039;s sick is how since summer, FDI, GDP, employment, have been linked exclusively to pure speculation. Meantime unemployment&#039;s up by 500%, following the greatest production dip in six years. 

Muscat needs to clarify whether he wishes re-election or not.]]></description>
			<content:encoded><![CDATA[<p>And Astrid Vella will have to keep her mouth shut, because any new &#8216;development&#8217; by the Malta Developers Association will be rushed through on the grounds of foreign direct investment. </p>
<p>It&#8217;s also not clear whether these contracts can be extended to property on plan. The ultimate Ponzi scheme. </p>
<p>As for keeping government bonds for five years, if there was a sign of Muscat&#8217;s short term thinking it has to be this one. </p>
<p>Does he realise what effect this will have on their issue, who&#8217;s going to buy these when in five year&#8217;s time there will be a constant supply of 150k packets which could be dumped, supposedly compensated by Chetcuti&#8217;s envisaged real estate spike? I wouldn&#8217;t, I&#8217;d wait and shop later. </p>
<p>This incestuous interlinking of property values and sovereign debt has to be the most dangerous idea yet. Throw in the secretive plans to create developable land and it becomes explosive, it&#8217;s Zapatero, Dubai and Azeri delusions in one. </p>
<p>I don&#8217;t think we&#8217;ve actually realised the risks involved here, even more so when this prime minister behaves and speaks like he has a hidden agenda. </p>
<p>What&#8217;s sick is how since summer, FDI, GDP, employment, have been linked exclusively to pure speculation. Meantime unemployment&#8217;s up by 500%, following the greatest production dip in six years. </p>
<p>Muscat needs to clarify whether he wishes re-election or not.</p>
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		<title>
		By: NA		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1469901</link>

		<dc:creator><![CDATA[NA]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 14:42:55 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1469901</guid>

					<description><![CDATA[Ritratt li jurik bic-car li bil-flus taghmel triq fil-bahar u hbieb li trid anke fil-magistratura.

Fil-verita dan huwa biss ragel sinjur. Il-bqija rghib,  vojt u injorant. Intelligenza u integrita xejn. Armi&#039; l hemm.]]></description>
			<content:encoded><![CDATA[<p>Ritratt li jurik bic-car li bil-flus taghmel triq fil-bahar u hbieb li trid anke fil-magistratura.</p>
<p>Fil-verita dan huwa biss ragel sinjur. Il-bqija rghib,  vojt u injorant. Intelligenza u integrita xejn. Armi&#8217; l hemm.</p>
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		<title>
		By: Gareth		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1469614</link>

		<dc:creator><![CDATA[Gareth]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 12:53:22 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1469614</guid>

					<description><![CDATA[Jaqq, kemm hu kiesah u cuc il-bniedem. Ifettah saqajh jonqsu biex juri lid-dinja kemm huwa bniedem ridikolu.]]></description>
			<content:encoded><![CDATA[<p>Jaqq, kemm hu kiesah u cuc il-bniedem. Ifettah saqajh jonqsu biex juri lid-dinja kemm huwa bniedem ridikolu.</p>
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		<title>
		By: Gaetano Pace		</title>
		<link>https://daphnecaruanagalizia.com/2014/01/sandro-chetcuti-is-going-to-be-sorely-disappointed/#comment-1469462</link>

		<dc:creator><![CDATA[Gaetano Pace]]></dc:creator>
		<pubDate>Thu, 02 Jan 2014 12:05:44 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=42997#comment-1469462</guid>

					<description><![CDATA[Dan qatt ma hareg mid-dar jixtri t-Times u Sunday Times ghax kieku jkun jaf li lanqas l-ghatba ta&#039; villa ma tixtri b`dawk il-flus ahseb u ara high end property bhal ma ghandna hawn fil-Mellieha. 

Forsi ma jafx bl-Ingliz u high end hasbu xi wiehed mill-flats ta&#039; fuq nett f&#039; Tower Road Sliema. Li hu ukoll b`dawk il-flus ma tixtrihx. 

Li hu zgur hu li, li tkun segretarju tad-Developer`s Association u ma tkunx taf il-prezzijiet ma thallilek ebda triq hlief li taghlaq il-bieb u titlaq l`hemm. Sahha. 

Incidentalment il-qalziet tal-Mrs ma jidhirx imdennes bit-trab iswed li ghandha fil-bitha.]]></description>
			<content:encoded><![CDATA[<p>Dan qatt ma hareg mid-dar jixtri t-Times u Sunday Times ghax kieku jkun jaf li lanqas l-ghatba ta&#8217; villa ma tixtri b`dawk il-flus ahseb u ara high end property bhal ma ghandna hawn fil-Mellieha. </p>
<p>Forsi ma jafx bl-Ingliz u high end hasbu xi wiehed mill-flats ta&#8217; fuq nett f&#8217; Tower Road Sliema. Li hu ukoll b`dawk il-flus ma tixtrihx. </p>
<p>Li hu zgur hu li, li tkun segretarju tad-Developer`s Association u ma tkunx taf il-prezzijiet ma thallilek ebda triq hlief li taghlaq il-bieb u titlaq l`hemm. Sahha. </p>
<p>Incidentalment il-qalziet tal-Mrs ma jidhirx imdennes bit-trab iswed li ghandha fil-bitha.</p>
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