26.10.2011 - Egyptians build, shop for homes despite downturn
Egypt's property market may have slid into its worst crisis in years, largely because of the state's poor land management, but a large and young population is building off the books and keeping demand for homes ticking, an industry executive said. An uprising against President Hosni Mubarak brought further attention to a real estate industry that focused most of its time on the wealthy elite, pricing out the majority of Egyptians and missing out on key revenue from middle-income buyers...............................................Full Article: Source
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