Monday 11 June 2012

Bailhache wants a bail-out at Plemont

Sir Pip has been on the front page of the paper again spouting his usual out of touch nonsense, this time he wants the States of Jersey to purchase the Plemont headland for 'future generations'.

No thanks Sir Pip... I do not want my tax money used to bailout a property speculator who made a bad bet.

When he purchased the headland he did so in full knowledge that the site did not have permission either for development or for a change of use, he took a risk.

Now that we know that nothing is likely to ever get planning permission on the headland what is the value of a piece of headland which is only fit for grazing sheep? Let's assume that the market value is one thousand pounds. Now deduct the cost of making the site safe and/or removing the derelict buildings and the real value of the land is LESS THAN NOTHING. It actually costs to own it.

So why should we the taxpayers of Jersey give a profit to a speculator who made the wrong decision... the market says we should not, his loss, what a pity, never mind.

Once again Sir Pip has shown that he is not in touch with reality, has no clue about economics and really is incapable of representing anyone.

Just tell the speculator that it will NEVER be developed and he can sell it to the National Trust for Jersey, at least we can trust the National Trust for Jersey, we can never trust the States of Jersey they'll be building on it next week.

5 comments:

  1. But is Sir Philip not suggesting that the 24 houses should be built alongside his Grouville property instead and that they should be specifically allocated to single mums, ex offenders and families with social problems?

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  2. Darius.

    It should also be noted that Senator Bailhache stood on a platform, for his election, that the States waste too much time going over old decisions.

    The first proposition he brought was to over-turn a States decision and was able to hijack the independence of the Electoral Commission.

    The second proposition he's bringing is to over-turn another States decision with Plemont.

    So for somebody who stood on a platform against wasting time going over old decisions, he's wasting a lot of time going over old decisions. Not sure if that point was picked up by the island's only "News" paper when he was afforded ANOTHER front page spread?

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  3. is pip on a commission?

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  4. @ Anonymous 1
    ....Excuse me,-but I would build small houses for the "EX-Offenders" at Plemont,-
    and the families with social problems may live in
    new-build houses near Sir Philip BAILHACHE`s property,- and the single mums should live in new built houses nearby all necessary social facilities: doctors,pharmacy medical center,schools,public playground and a supermarket.
    Please believe me,-it isn`t good to drop all three different social groups of people at one and the same place. All peoples of these three different social groups
    deserve a fair chance for a new "Start" or for a nice and quiet place to live.I once red that Jersey has a problem
    with "enough" space to build.If you don`t have enough space for new houses, why dnt`you offer them new build comfortable 2-4 bedroom flats ?
    I`m sure that you,the Jersey people, will find the right solution.

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  5. he is going for diplomatic imunity .? what for

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