Browsing Tag

Purchases

Spanish Prime Minister Advocates for Prohibition on Property Purchases by Non-EU Residents

In a bold move aimed at tackling Spain's escalating housing crisis, Prime Minister Pedro Sanchez has put forth a proposal to tighten the reins on who can buy property in the country. This initiative stems from pressing concerns about affordability, as countless individuals and families are increasingly being priced out of the housing market. Just a week earlier, Sanchez stirred the pot by suggesting a hefty tax—potentially reaching 100%—on property transactions. This recommendation comes amid a backdrop of rampant demand…

Somali Legislators Caution Against Public Land Purchases in Mogadishu

Report By Axadle Mogadishu (AX) – Imagine waking up one morning in bustling Mogadishu, where the scent of freshly brewed Somali tea mingles with the sound of city life. It's here in this vibrant tapestry of culture and history that a serious brouhaha has brewed. Ninety-seven members—a mini-army if you ask me—of Somalia's federal parliament have come together with a bold message, one that sounds a lot like the famous Sherlock, “Stop thief!” only in this case, the alleged culprits live in the corridors of power, not on Baker…

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