Increasing numbers of apartments and houses available for rent to the absence of demand
2/11/2017 0:00
[rtl]Financial crisis shut 05 percent of semantic offices in Dohuk
Dohuk / Ayad Berwari
financial crisis experienced by the Kurdistan Region three years ago had a huge impact in the sale and purchase of the role and land operations Mahadda many of the owners of offices Remember to shut down their offices, at a time when a number of them stressed that there are offices were not paid , rather than leased for more than nine months , stating, that the liberation of the city of Mosul , the process of starting from "Daesh" the terrorist had no effect in stimulating the real estate market in Dohuk.
Sadiq Ricany, owner of the Office for the sale and purchase of real estate in Dohuk between "morning" the cause of the Great Depression of the real estate market hit in Dohuk he goes back to the lack of liquidity in this market and stop various government financial advances to citizens and staff alike, as well as delayed payment of staff salaries .
He added that the work currently available, although you said , too, is forced some to sell a piece of land or a house for the urgent need of money, and the number of those who have money are taking advantage of the development of the real estate market and the recession that hit, which resulted in cheap prices compared to previous years, come to buy cut land and houses.
Sadiq Ricany pointed to the closure of the sale and purchase of real estate offices due to the stagnation of their work, pointing out that the closing of more than 50 percent because most of the owners of these offices can no longer pay the rent of their offices , rather than so accumulated amounts instead of rent on many of these offices that have not done any sale transaction or buy during a period exceeding nine months.
For his part , Ali Fattah attributed the owner of the Office for the sale and purchase of real estate, the recession that has plagued their work, to the lack of liquidity and the government stopped granting advances to the citizens because of the financial crisis in the region.
He pointed to the growing number of apartments and houses for rent in our offices, despite falling rents , too, but the popularity of renting them by the citizens, does not exist.
Fattah pointed out that most of the offices before the financial crisis in the region had done my paperwork contract for the sale or purchase of round and lands in the week, but after the financial crisis has changed course and became all the offices for three full months , does not accomplish a single contract, noting that this has forced many owners sell offices the purchase of real estate on the final closure, which reached the closure of offices in half or 50 percent.
Majid Dhoeke owner sale of office and purchase of real estate , told the (morning), she appeared in the recent period the sale of apartments at half the price, for example , the apartment price of 75,000 dollars has become now sold at $ 32,000 dollars because of the lack of financial liquidity among the citizens in general as a natural result financial crisis taking place in the province.
Dhoeke confirmed that many of the offices of the sale and purchase of real estate were getting a month on profits of up to 3000 dollars as a result of the completion of contracts and transactions of sale and purchase of land and the role, but the majority of us are currently difficult for us to pay rents offices instead.
He explained that 75 percent of the work of our offices are only loss in when he can 25 percent of the remaining offices to succeed instead of their rent to pay all without getting any profits to remember and this has led to employers many of them to be closed, while others were heading to the example of their example and start procedures to close their offices .
Mohammed Abdul Kahar his office for the sale and purchase of real estate in the Dumez area said, in our region there are many residential lands offered for sale but demand is very rare purchase, for example , the price of a piece of residential land in Dumez area before the financial crisis were up to 40 thousand dollars, but the price now is not exceed eight thousand dollars.[/rtl]
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