Rents are decreasing!
I read this article in a newspaper that qatar rents are decresing and will decrease more soon.
Have a look
http://www.thepeninsulaqatar.com/Display_news.asp?section=Local_News&mon...
Well because of high rents in doha people from other countries can not afford their families here so i have noticed that a huge no of community have went back to their origin countries. Just beacuse of high cost of living. Even in saudi cost of living is very cheap but qatar is still ahead in high cost of living specially high rental cost. Which started to decrease and hope so rents will be fallen down more in coming months. Inshallah
I was in riyadh.And Big villa with 3 bed room is 3000riyals only.
So what you heard is correct.But here ..............
rents are high with less facilities.
Who will tie the bell for cat?
Yes its seems there is a strong power of rent agents and real estate owners which are holding the price and dont let it fall. But its enough coz rents are extreme high in doha maybe you guys might have observe that rents in Saudia is very cheap. one of my frined was telling me that you can find a 2-bed room flat of just 1200-Rayals per month and i was shocked to hear this. Anyways here takers are decreasing in bulk and its a true report. Im still optimistic that rents will fallen down more in a upcoming months Inshallah.
Hai Friend ,
It is good to know.But in fact how much it is implemented ,let us wait and see.The real estate brokers will not allow to show the reality to the individual.If we check house through this people,again they will say a hiked price.Most of us dont know the landlords / availability of the houses,but these fellowes know by their powerful network and still holding and make the market not fall down.Hence it is not possible to enjoy the sweetness of the rent decreasing.
Who will tie bell for this cat?
BUt it seems the real estate agents turn a blind eye to such articles and refuse to accept the facts.