– Shetland residential property market set to drop with negative equity

Not content with being the wealthiest council in the UK, as well as the least efficient (at least 50% of what it spends is either wasted or used for vanity projects), Shetland Islands Council is actively promoting the asset-stripping of the islands, which will effectively blight the property market.

If you live, or intend to move here, anywhere north of Lerwick (which basically is most of Shetland), prices and quality of life are set to drop to zero and never recover. It’s the Scottish Clearances all over again.

All thanks to the Chief Executive at Shetland Islands Council (and her cronies at Holyrood and Westminster) who have been pushing (in total secret) to facilitate international corporations exploiting the natural resources of the archipelago. Sadly, just as with Trump in Washington DC, there is nothing the ordinary person can do about this. SIC is run by people who only care about their political futures (along with the enormous wealth and power that could bring them). The needs of the ordinary citizen simply don’t matter.

The following quote sums up how Shetlanders feel about this:

I had expected him to speak out in defence of his home, but when he remained silent I realised how futile it would be for him to have said anything. I saw, then, why he needed to leave. How can we live in a place when we know that it belongs to someone else? We believe it is our home, we allow our roots to settle in its soil – for how can we not? We know other place – but somehow, and who knows why this is happens, that we will be moved on, even though we cannot yet anticipate how this move will be triggered; all we know is that when it happens, we will be powerless to resist it; words are pointless and even ridiculous, for they cannot adequately combat or lament this loss. Better to save your strength for future conflicts elsewhere.

From the book THE SOUTH by Tash Aw.

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