Amlak Articles Issue 241 Sultan Hamad writes: The real estate sector ... Does it do justice to specialized study centers?

Sultan Hamad

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Although real estate investments and the real estate market occupies the second place in the field of investment in economic markets after securities at the global level, and the role of the real estate sector in revitalizing the economy and its intertwined link between it and many economic activities since more than one hundred and twenty economic activities in its various fields, and the real estate market is one of the heavy and important pillars in creating job opportunities and attracting investments and is considered one of the most important tributaries of economic development, and the size of real estate sector investments according to previous reports that exceed two trillion riyals.

Although the size of the real estate sector investments, according to previous reports, exceeds two trillion riyals.

<Despite this, this sector has not done justice in terms of studies, scientific reports and technical analysis, and unfortunately we lack specialized professional centers to study the market in its various classifications and different spatial locations, and there is no study based on numbers indicating the number of population, unemployment rates and the percentage of new and targeted job opportunities for all government sectors and the private sector, and there is no report monitoring the financial capacity of the population by region by its spatial differences and linking it to the upcoming development and future services and projects.

<We, especially those who work in this sector, are fully aware that the sources of information are very scarce and there is only the transmission of news that is mostly rumors, opinion and analysis with data that may be right or wrong, without being based on real numbers and facts. It is time for the concerned parties in the sector, whether governmental or private sector, to support the initiative to establish and qualify multiple centers that are interested in studying the market and analyzing its influential and motivating factors according to multiple data that are professional and reliable technical analysis and an open source for everyone.

@Sultan_hamad1