Source: the observer

Forte dei Marmi – the traditional summer retreat for Italian captains of industry, writers and film stars – is changing the law to try to stop locals fleeing because of house prices driven out of control by incoming Russian millionaires. The town's combative mayor, Umberto Buratti, is reserving space next to luxury villas with sea views for new homes that will only be sold to locally-born buyers or long-term residents. Other Italian resorts with similar problems will monitor the experiment with interest.

"We want to safeguard the character of the town instead of seeing it turn into a place with no ties, as anonymous as a motorway service station," Buratti said.

"Not everyone here is rich or Russian," added local councillor Michele Molino. "You look at the designer shops round here and we could be in London."
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Born and bred in Forte dei Marmi and the son of a tailor, Mayor Buratti said he is seeking to preserve a local culture handed down from the fierce tribes who defied the Roman empire and the Roman slaves who later settled, leaving traces of their accent in the local dialect. But he is not getting too misty eyed. "The locals were the first to profit from the rising house prices by selling up and buying houses in the hinterland," he said. "That is why there will be a ban on selling the new houses for 20 years."

Read more: http://www.guardian.co.uk/world/2010/jul/0...

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i like it.

"I want to bring the local artisans back in the centre," said Milly Moratti, wife of Inter Milan chairman Massimo, "the fabulous tailors and focaccia bread sellers I remember as a child that have been almost completely replaced by designer stores."
that's the winning strategy in the long run.







and totally off topic, i profit on wishing you a great july 4, american DUers.