Please do not forget, Qatar put the demolition of many areas on hold due to housing difficulties expected during the Asian Games. These areas like Bin Manmood, Rayyan etc, which house a lot of mid to low income families will have to find new housing, most of them have already received notice to vacate by 31st Dec or Jan. Where will these people go? They will obiviously look for new houses, so there is always demand.
I don't figure, why were these issues not considered before Qatar Govt' started a major demolition (beautification) drive. Are these low to mid income families not the major contributor to the economy and life in Qatar. - I hope you understand what I am saying here.
I do not think the rents will fall, besides there are about 200 high rise office / buildings coming up in west bay. there will be more people coming in ( but sensible people as they will insist on company housing ).
Please do not forget, Qatar put the demolition of many areas on hold due to housing difficulties expected during the Asian Games. These areas like Bin Manmood, Rayyan etc, which house a lot of mid to low income families will have to find new housing, most of them have already received notice to vacate by 31st Dec or Jan. Where will these people go? They will obiviously look for new houses, so there is always demand.
I don't figure, why were these issues not considered before Qatar Govt' started a major demolition (beautification) drive. Are these low to mid income families not the major contributor to the economy and life in Qatar. - I hope you understand what I am saying here.
I do not think the rents will fall, besides there are about 200 high rise office / buildings coming up in west bay. there will be more people coming in ( but sensible people as they will insist on company housing ).