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**** Goanet Classifieds ****
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Enescil, a Brazilian engineering firm requires Engineers, Architects
and Draftsmen, proficient in AutoCAD, for their new office in Goa
Those interested can email enescil....@gmail.com by 15 November 2011
Selected candidates will be sent to Brazil for 2 months training
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In a recent interview Dean D'Cruz said that the objective of the non-occupancy
tax was to "force" owners of closed flats to start renting them. This would
bring more housing into the market and reduce the pressure.
http://www.epapernavhind.in/20112011/epaperimages//20112011-md-ga-5//445559.jpg
As a house owner, I should not be penalized for not renting an owned flat or
house. The laws in Goa are hardly in favour of owners. Many NRIs choose not to
rent out their flats for various reasons.
But that is not the point. The more important factor to be realized here is
that the leasing (renters) market and buyers market are not the same. The
leasing market is quite depressed in Goa. Rent yield is about 1/3 in comparison
to other cities in India. So the demand for rentals is very manageable and need
not be addressed at all by altering supply.
The purpose of tax is to curb speculative buying which artificially inflates
the price. It is not rocket science to address this issue. The tax need not be
based on ethnicity at all. Those with ties to Goa -either through long term
domicile and work or through ethnicity - will naturally be exempt. While all
others should be subject to this tax.
This tax is just one prong in the solution. It is not going to be a magic
bullet which will take care of the problem. The price rise also factors in
inflation, interest rates and rising cost of materials. Long term solutions to
the housing crisis must include government assistance to middle-class families
by way of interest-free loans or undertaking a project building good standard
affordable homes.
(incidentally the archives will reveal that with my prescient knowledge, I
mooted this idea of a tax long before anyone else mentioned it in Goa. hah!)
Best,
selma
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Protect Goa's natural beauty
Support Goa's first Tiger Reserve
Sign the petition at: http://www.goanet.org/petition/petition.php
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