Property Articles... Matar Al-Shammari writes: Reasons for the rise in real estate

Rain-Shammari

Posted in

1- Diversity in real estate financing from financial institutions.

2- Ease of obtaining real estate financing from banks and finance companies.

3- Major government projects in key areas.

4- Subsidized programs from the Ministry of Housing and the Real Estate Fund.

5- Increased demand for residential real estate and decreased supply.

6- An increase in the number of people able to purchase real estate, such as:

Husbands, wives, divorcees, widows, and young men and women who are employed and working.

7- An increase in the population of major cities.

8- An increase in the number of small investors.

9- Expropriation of real estate.

10- Monopolization of undeveloped land.

Real Estate Consultant

‏ @mnfr10