Differences Over Bill To Regulate Real Estate Sector
Monday, July 16 2012 @ 12:01 PM EDT
Contributed by: Don Winner
Editor's Comment: The developers have been getting away with murder for more than a decade. If they were going to police themselves, they would have done it by now. Most of these new proposed regulations would enhance protection for consumers, which would be a good (great) thing for Panama over the long haul. Foreigners are mostly concerned with the possibilities of getting screwed over in Panama, and any effort to shut that crap down would be welcomed. And of course the larger developers don't want to be reeled in. They'll get over it.