The reason for rocketing rent is because those dealings are not directly done between the Qatari Owner and the End user. In 99.9% of the cases there are 2-3 intermediaries in between the end user and the Qatari Owner.Each intermediary will keep a mark-up which ultimately results in high prices.Even 1/2 bedroom apartments are also sold so much high. The owners doesn't want to directly deal with end user, they just need a lump sum of amount in their pocket without any hassle which automatically create intermediaries, Govt should bring a law to eradicate these intermediaries..
The reason for rocketing rent is because those dealings are not directly done between the Qatari Owner and the End user. In 99.9% of the cases there are 2-3 intermediaries in between the end user and the Qatari Owner.Each intermediary will keep a mark-up which ultimately results in high prices.Even 1/2 bedroom apartments are also sold so much high. The owners doesn't want to directly deal with end user, they just need a lump sum of amount in their pocket without any hassle which automatically create intermediaries, Govt should bring a law to eradicate these intermediaries..