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Mena housing jam to worsen

Posted on 19 September 2011

The Middle East and North Africa (Mena) region is facing an acute shortage of affordable housing, with a substantial lack of low-cost homes reported in Egypt, Iraq, Morocco and Saudi Arabia.

The problem is expected to become far worse during the next five years, owing to chronic under-investment in homes for low-income families and the rapid rate of population growth in the region, according to a report from Jones Lang LaSalle……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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