Top end housing rentals are going down
Most of the large companies, operating in Qatar, are now opting to give "house allowance" to their employees, instead of leased accommodations.
If this practice gathers momentum, then the top end leased buildings shall witness, lower occupancy, and the occupancy pressure shall shift from the top end houses to medium and lower medium cheaper houses.
As a result the rental shall go down for the top end properties, but shall trigger increase in the lower segment, so guys, be prepared to make adjustment.
I am moving to Ezdan. 5k for a fully furnished 2bdr. To hell with all the other greedy landlords.
Due to this decision, since the demand of high end apartments shall shift towards the medium and low end apartments, the rental of low end may go up.
do we have to be happy for this news , or to be worry ?
confused mode