Comments on: Video: Minister DeSilva Press Conference

By: Joe Bloggs

Joe Bloggs — Fri, 15 Aug 2025 14:26:15 +0000

“Government has no business being in the real estate business”

And yet it has spent an untold amount of money in excess of $100 million (according to Lt. Co. Burch) to develop the White Elephant/Bermudiana Beach/Grand Atlantic hotel/housing project that sits largely empty.

By: Triangle Drifter

Triangle Drifter — Fri, 15 Aug 2025 13:34:54 +0000

While there is a need for some public housing, generally speaking Government has no business being in the real estate business.

Government subsidised housing stifles private investment in rental housing through competition and rent control. Rent control threshold should be much lower. Supply and demand will find it’s level.

By: Joe Bloggs

Joe Bloggs — Fri, 15 Aug 2025 09:57:08 +0000

So, once again the PLP Government is competing with private enterprise to develop properties

By: puzzled.

puzzled. — Thu, 14 Aug 2025 23:36:06 +0000

Who’s gonna get the contract.
Picture speaks……………..

By: Question

Question — Thu, 14 Aug 2025 23:30:42 +0000

And on a related note, Grand Atlantic has been empty since 2011 and has cost taxpayers well over $150m.
Will this project be as “successful”?