During an exhibition at Ban de Gasperich on Thursday, developer and businessman Flavio Becca proposed the introduction of a “tax on bureaucracy”. Becca explained that he has “no issues” with the government raising the property tax and introducing a speculation or mobilisation tax, since he “wants to build”. However, in return, the Luxembourgish businessman thinks that the government should also introduce a tax that the administrations would have to pay if they take a long time to process a case.
He blames the rise in house prices on the length of administrative procedures, adding that “I’m certainly not lining my pockets.” Just as developer Marc Giorgetti had already explained to our colleagues from RTL Radio, Becca also points out that if someone had a 20% margin on a project, it would have to be divided over 20 years. Becca added that he has had plots of land for 30 years before anything was built on them.
The developer also stated that he would be willing to integrate more affordable housing into his projects, under the condition that the authorities allow him to build higher. At the moment, the opposite is often the case, Becca bemoaned. As an example, he referred to a case in which the municipality of Luxembourg City did not allow him to build higher because “it would have harmed the skyline of the city”. Becca also pointed out that, “unlike other developers,” he refused to adjust his bills to inflation. According to Becca, inflation is often “artificially” manufactured. Steel companies “deliberately reduced production” after steel prices fell, he claimed, in order to push prices back up.
The developer, who is most known for building the new Ban de Gasperich neighbourhood, also reiterated his proposal to organise a tripartite for the construction sector, during which the government, municipalities, and private developers would seek answers. In fact, Becca would prefer a quadripartite since “the banks should also be present.” Becca chastised Housing Minister Henri Kox for “purposely excluding the private sector.”
Our colleagues from RTL.lu also talked with Flavio Becca about the issue that only one tram track of a planned section in Howald can currently be built. This is due to the fact that a portion of the land is owned by the Olos Fund, which is currently in administration due to a dispute between the two former business partners, Flavio Becca and Eric Lux. According to Becca, the provisional administrator and the public works administration are “on the right track” to reach an agreement. The standstill was purportedly caused by “technical issues.”
Becca declined to comment on his dispute with Eric Lux for the time being, arguing that the courts are “mature enough” to know what they should do. The two former business partners are feuding over approximately €100 million in the Olos Fund.
As for Becca’s other legal dispute, the case of the luxury watches, the Luxembourgish businessman confirmed that he will take the case to the Court of Cassation.
En neie Quartier um Lampertsbierg: Abordabel Locatiounen an deier Terrainen
