‘Stop the land speculation now!’ – Edmund G. Maduro
He was speaking on Thursday night July 9, 2015 on his EGM Show aired on ZROD 103.7 FM during which he dealt with a number of topical issues.
“These people, millionaires and coming from all over and buying our lands…our islands…and not only are they buying all the lands but they are trying to stop us from exercising our inalienable rights such as catching a fish and our elected representatives are not doing one thing to put these people in place or bring them in order,” he said.
“There is a lot of speculation that is going on in the Virgin Islands and I’ll explain to you why,” he said. “A speculator would come in and he would buy a piece of land whether it is 100 acres or 50 acres from a British Virgin Islander for $2,000 just to call a figure. But as soon as he gets it he will turn around and sell that same piece of land for $1 million an acre,” he said.
“I am saying my people that this is a serious abuse that the United Party had fought against and was seriously considering putting in place what would have been called a land bank for the purpose of protecting BVIslanders from losing their property in the way they lose it,” said Maduro.
“The present Government don’t give two hoots…they don’t care what happen to your land as long as they get their pockets full. They want their white friends and their ‘this’ friends and ‘that’ friends, because they know when they please their friends they get their pockets full,” said Maduro.
He said that with the land bank, if a person lost their land the government would not have sold it to expatriate strangers unless they had become residents and belongers of the territory.
“The [land bank] would have sold that land right back to the people of the British Virgin Islands and this would have stopped a lot of the speculation that is going on,” he said.
This is not the first time that Maduro has dealt with the issue of land speculation and the valuation of land owned by locals as opposed to that held by foreigners.
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15 Responses to “‘Stop the land speculation now!’ – Edmund G. Maduro”
Same with the Land, island people and outsiders cannot sell the land, if a Virgin island sells his land to a rich white man who then sells it for 50 times more why are you mad.
To all the money loving grabbing virgin islanders, you cannot have the land and the money so its one or the other if you sell it move on, you already get paid already.
Edmond you people continue to show your ignorance daily, if you sell the land what a man does with it is his business, if you do not want to lose access to the beaches or whatever don sell the land plain and simple move on keep your land and the people will keep their money!!!
Within these splintered families,greed resentment and evil has contributed to the loss of local land ownership.
One Belonger ask me for $80,00 for 1/3 of an acre that will require a $200,000 retaining wall.
Another belonger ask for $100,000 for 1/2 acre while another was asking $110, 000 for less than 1/2 acre. these are the present going rate. So it is belongers who are pushing the price out of the reach of the young ones.
The case Edmond is talking about happen years ago. But Edmond as usual lives in the past for the past.