Inflation in cost of living.

ashworld
By ashworld

Recently I read the in one of the news papers that cost of living in Qatar or Inflation to be precise has not increased drastically.
However when you look at the biggest item in any households budget Housing rental, It has gone up from anywhere 12%- 18% or more depending where you live.
If you move houses not only one ends up paying the differential on rent but also the brokerage and Once you add this to you monthly rental.
Last year when I used to go through the accommodations page on QL, to search for places to live I could see brokers charging 1 week or less rent as their commission to close the deal what I see now is that they are asking for 2 weeks to 1 month’s rent. Add this up to you rent over a 12 month period the inflation on rental goes through the roof crossing 16% to 25%.
Secondly I do not understand why brokers are needed in Qatar. The broker does not have to make any effort other than being a channel of communication. The broker does not help in sorting out and legal documentation related to house/apartment. Does not help in getting the relocation down etc. Why to pay brokerage at all.
Certain solutions which I see in controlling you cost of rentals are enter in to a long term contract with the owner with known increment in rental every year. Have a exit clause where you or the owner can give sufficient notice to vacate the place. Try and have recurring costs built into the rental itself like utilities, internet, Satellite/cable TV etc. they small things add up big way at the end of the year.

By JonSnow• 13 Jun 2013 00:48
JonSnow

does government have any law to regulate the property market?

can landlord evict the tenant if he does not agree to the rental increase rate?

By Molten Metal• 22 May 2013 14:56
Rating: 4/5
Molten Metal

Try to create a new position in your section and manipulate to be it's head.

Be smart to get max annual increases.

Look to exploit the situation and take some special monetary awards ... among other things ...

By ashworld• 22 May 2013 11:18
ashworld

@molten metal If one is in business income can be managed. however if one is working for a company it would be difficult to increase the income through legal ways.

By Molten Metal• 22 May 2013 10:14
Molten Metal

we accept the salary evrything is on us , be ready with a smile.

On the other side find the ways to increase your income ...

By fodripulav• 22 May 2013 09:10
fodripulav

once u pay them their commission...they evaporate....never to answer ur calls

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