insurance rate should be closely tied to the quality and strength of construction. Have a house than withstood a cat 5? you get 50% discount but no they don't do that. This guy seems to be rather shortsighted for a home builder. Is he really supporting the idea that the vast majority of Bahamian's one and only major investment (their home) can and should be built in a substandard manner so that when they lose that investment they are left with nothing? I assure you every Bahamian building or rebuilding on the island of Abaco is building well beyond and above the standard building code. If your contractor is cutting corners and not using any steel in your building project fire him. fire him also if he doesn't know how to form the steel properly.

why does this hot air get so much attention here?

and nothing will change

I still fail to see why these big fancy yachts get to be exempt from tax while the rest of us have to pay it? house vacation rentals are supposed to be collecting VAT... why not yachts? Why not make it law that all house and boat charters/rentals are required to be worked through Bahamian business? simple solution although enforcement would be difficult.

is now a good time to talk about the $1,500,000 grant provided to W&S to build a solar field to supply unlimited and free electricity to run the pumps to supply MH? It is said that this grant came with the stipulation that no bills would be issued to residents for a period of time. I suspect W&S decided they found a loop hole and decided to bill everyone anyway. Is the grant going to become payable now that they are collecting from the public? What about that free electricity from the large and expensive solar field? Is that not supposed to have some effect on the consumers bills? Billing for water when no one was living in the house for a year or 2? Something just ain't right about that.

I don't understand. Just because they are big shiny fancy boats owned by very rich people they should deserve a tax break that all the other tourists and locals alike have to pay? Am I missing something? If 10% tax is such a major deterrent maybe we don't need those dollars in this country anyway? I pay 10% on my groceries and to my mechanic and plumber, why would a yacht using our natural resources to run business on the waters of the Bahamas assume they are entitled to tax concessions that the rest of us don't get...?

What about those big metal poles on the main land that ain't connected ? massive waste of money or excellent forward planning ?

if i were a bank and had to deal with the home owners protection act 2010 i would be unwilling to lend money too. 2. if so many people had not screwed up and built dey house in the extreme wrong location the surveyor report would not be necessary , reap what we sow 3. if banks offered real prequalification more loans would get approved . 4. if land title wasnt useless in the bahamas maybe lenders would have more risk appetite

everyones lives would be so much easier if the banks offered a 'pre-approval' process for potential buyers. if buyers knew how much house they can afford up front they would know how much to look for when buying a home, land or a car. What happens now is the bank tells the people to go find a house to buy and get it in sale process tying up a deposit and start racking up attorney bills only to find out after the fact that they don't qualify to borrow that amount of money. Meanwhile in the rest of the developed world you know in 10 minutes if you are going to be able to borrow that money regardless of whether the title is good. so bass ackwards.

may have some good benefits. many times the burglar will take the video recording box with them and then the cameras are of 0 use. A cloud upload has its limitations too when the ISP is notoriously unstable and unable to provide sufficient bandwith to support an upload (yes look at both of you providers)