| The Ministry of Housing is currently working on a system to limit housing rents, local Arabic daily Al-Madinah reported yesterday, quoting a source at the ministry. It said international experts were currently drafting a blueprint of the system aimed at putting an end to the unjustified rise in rents and to organize the relationship between tenets and landlords.
According to the source, the new system would include giving subsidies to the investors planning to build housing units for low-income citizens. He said the ministry would issue rent bonds, which would enable government employees to search for accommodation that would suit their income...............................................Full Article: Source
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