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Singapore had a similar challenge being in proximity to some of the largest population centers on earth, and having finite space/resources of an island. 1. "Ri
by Joel_Mckay 3y ago
Singapore had a similar challenge being in proximity to some of the largest population centers on earth, and having finite space/resources of an island.
1. "Right of first sale" to citizens born in the country. The real-estate speculators were not happy with the two tier bidding model, but the first home purchase a citizen makes shunts the international market pressure.
They once had the same issues Brazil developed, where the opportunists priced local citizens out of their own cities. The absurd outcome was some natural Brazilian citizens would have to work 34 lifetimes to live in their own city.
2. Prohibit commercial ownership in favor of 7+ year leases asset managed by the government (it is an island remember, and unused holdings are a liability due to malaria/mosquitoes.)
3. Put illegal-drug-dealers in front of firing-squads the following Tuesday, and seize their assets. Most idealists think this law is savage, but have never had to deal with real organized crime at scale.
4. Oil refinery produces excess energy for fresh-water desalination. Say what you want, but an island has very low carrying capacity for tourists. Even importing massive resources to cater to customer needs still hurts local ecosystems. Note, Hawaii also had long battles over water-rights with resorts playing dirty politics, and then literally burned down due in part to invasive dry-grass take over.
Poor people do not have a lot of influence outside of voting. A cathartic protest is essentially asking the same people that benefit from misery to handle their existing conduct differently.
Give a clear list of pragmatic political demands, warn of lawsuits, then follow up and sue domestically with a jury of your peers... I assure you investment funds give zero F's about complaints, but will eventually leave if their behavior has negative economic outcomes. The argument that they offer something economically unique is a false dichotomy, so just build a Starbucks and or McDonalds on top of whatever abomination they were planning... daily revenues will win out over hypothetical trickle-down economic urinal models.
Good luck, as I have only seen Singapore successfully deal with this phenomena due to its oil industry resources. =)