From my The Sunday Times article today:

“For this to be dismissed as a case of social envy is to miss the point completely. The dream of moving up social strata has to be remotely achievable. The idea of the ‘American dream’ only applies if you can get there with hard work, resourcefulness, initiative and drive.

“But these property developers are looking beyond local demand and supply, even the most ambitious demand potential of Maltese society. We know there’s little chance any of us can make the kind of millions needed to pay for these properties.”

The rest of the article is here.