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MDA Head Expresses ‘Serious Concern’ At High Property Prices
Malta Development Association President Michael Stivala has expressed “serious concern” at expensive property prices and urged the government to cut unnecessary red tape. In a recent discussion organised by the Malta Institute of Management, Stivala said that the MDA is concerned at the findings of a recent KPMG study which found that 95% of properties on the market are out of reach for young, single people earning an average income. “Prices are…
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