Latest update January 10th, 2025 5:00 AM
Mar 23, 2022 Editorial
Kaieteur News –Everybody is coming to Guyana since it is the place to be. It is one of the hottest spots on the globe today, where investment prospects and great riches are present. The latest corporate powerhouse to line up its sights on Guyana’s rich promise is Keller Williams, the largest real estate business in the world by the number of agents (KN March 20).
Keller Williams is not coming to Guyana to give out charity, it is coming to make as much money as it can in the shortest time. There is no better place than here for a company of the calibre of Keller Williams to setup shop and rake in the profits in quick order. It will succeed in doing so, as it now positions itself to capitalise on this most exciting oil place of all.
We at this paper have no problems when the Keller Williams of the world making money here, or for that matter any other corporate entity from anywhere, be they American or Chinese, African or Indian. We do have serious issues, though, when all these foreign companies and foreign people get rich on our wealth, while our people remain poor, if not become actually poorer. There has to be something wrong with this picture, since we are the ones who own this wealth. We are the ones to whom the bright prospects and prosperities should come to in the first place. We want others to benefit from our natural resource bounties, but by the same token, so must all Guyanese.
We are not speaking of pittances for profits, where we are forced to wait around on hand and knee for some $25,000 handout from the government or some relief money in times of severe national distress. That is helpful, but barely so, and can never be acceptable, when the Keller Williams of the world come here with a glint in their eyes, and happiness in their corporate hearts. Why what is so attractive and good for them, has to be so rancid and mildewed for us?
We want to make something clear to our fellow Guyanese, who may be indoctrinated to rejoice over the arrival of Keller Williams and others from that exclusive corporate club and lodge. For sure, a few Guyanese on the lower rungs will get a few low-level and low paying jobs, while a few others at the political top and on the inside of the leadership circle will gather around to make sweet arrangements for themselves.
It is going to be prime lands set aside for this global real estate giant to establish its own development, a type of foreign Pradoville we call it from now, just so that all are aware. It would be land to build artificial lakes, golf courses, and palaces (remember those in Pradoville) to house expatriates from other foreign companies who flock here to exploit and rip apart our riches, starting with oil first and extending into other natural resources or downstream territory.
We make something else clear: a Keller Williams does not come to Guyana to rent houses for GY$35,000, or GY$50,000, or even GY$500,000 a month for Guyanese. The company is not here to deal with real estate requirements of poor locals, even thriving middle class ones. Keller Williams comes here to service the housing and other needs of loaded expatriates who are assigned here to take advantage of our promise and our wealth.
In the instance of Exxon, it is highly likely that Guyanese are footing the huge bills, including real estate ones, of its American workers. Exxon does not miss a dime, so it is not going to bypass or let go any opportunity, small or large, to gouge Guyana some more by lumping such under bulked-up expenses. The point is that, in essence, we Guyanese are the people who facilitate the profits of Keller Williams and others like it, when we are responsible for billions in bills in American dollars that are charged to this country.
As Guyana gets ready to roll out the red carpet for Keller Williams, Guyanese should see red because they are going to remain in the red, meaning, poor, while foreigners enrich themselves.
Jan 10, 2025
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