Where did you get your theory of "construction material being too expensive" from? It sounds like the same old excuse to me.
Did you know that the prices increased by 52pc last year? Inflaction is reaching worringly high levels. Of course, in a country that is booming as fast as Qatar is, you can expect inflation to rise a little. But crazy inflation here is mostly driven by crazy rents. That doesn't sound like a healthy economy to me. Downgrading in qality? sadly the quality of new housing in doha has already very poor standards.
The sad thing is that rents will fight to stay up becuase landlords are greedy. Because often they will choose to have their 30,000QR villa empty for months until they find some poor idiot that its ready to pay that price. This, has a direct impact on the prices of smaller villas, flats and so on.
The after games will surely help to decrease rent prices a little . But mostly, ensuring that there is a HUGE amount of housing supply to exceed the demand will hopefully bring the prices down to realistic, wages-matching levels .
Where did you get your theory of "construction material being too expensive" from? It sounds like the same old excuse to me.
Did you know that the prices increased by 52pc last year? Inflaction is reaching worringly high levels. Of course, in a country that is booming as fast as Qatar is, you can expect inflation to rise a little. But crazy inflation here is mostly driven by crazy rents. That doesn't sound like a healthy economy to me. Downgrading in qality? sadly the quality of new housing in doha has already very poor standards.
The sad thing is that rents will fight to stay up becuase landlords are greedy. Because often they will choose to have their 30,000QR villa empty for months until they find some poor idiot that its ready to pay that price. This, has a direct impact on the prices of smaller villas, flats and so on.
The after games will surely help to decrease rent prices a little . But mostly, ensuring that there is a HUGE amount of housing supply to exceed the demand will hopefully bring the prices down to realistic, wages-matching levels .