26/08/2023
Mohamed Samir, an expert on real-estate financing, said the sector had been slightly affected by the rise in interest rates but that it remains stable due to the demand for housing. This has remained constant due to population growth and the government’s urban expansion initiatives.
Even with the recent escalation in prices that have exceeded the purchasing power of many income segments, real estate financing remains available for developers and people in need of housing.
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#الإجارة
The recent rise in interest rates has had little effect on real estate financing and the middle-income housing initiative.