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The referendum ends the work of dozens of investment companies
19/10/2017 12:00 am [rtl]Erbil / Sundus Abdel Wahab The real estate market in the Kurdistan region, especially the capital of Erbil, has witnessed a significant and significant decline in the prices of selling and renting real estate, especially after the crisis caused by the referendum, which was reflected greatly on the deterioration of the economic reality and all aspects of life in the region. The economic activist Hama Hawa said in a statement to "Sabah": "The stagnation of real estate prices due to several reasons, including what happened in the recent period because of the referendum and the failure to comply with the demands of the central and popular government and regional countries and the International Alliance, and thus exacerbated the economic crisis, In various provinces of the region. " " He added that" the prices of residential units in a significant decline during this period, which overshadowed the investors and the sale of their property with the lowest possible percentage may reach the loss, "noting that" dozens of foreign investment companies, Arab and local ended its work in the region and left because of the crisis and low The level of demand for the real estate market due to the low purchasing power of citizens. " A large number of citizens in the region resorted to travel and emigration outside the country and other provinces for security and safety for fear of after the referendum, and because of the urgent need to get the money had to offer their properties for sale cheaply does not correspond to the real value and what aspired to the owners, The owner of the property is his home to the smuggler who will smuggle him out of the country and that the smuggler will sell the property and receive his financial dues. Recession rate "The economic recession in the region has contributed significantly to the decline in real estate prices significantly," said the owner of a real estate office in the center of Erbil, Rizkhar Dashti, in an interview with Sabah. "The recession and decline in prices reached 50 percent, In the city of Erbil and its outskirts, there are many houses reached the price of 50 or 60 thousand dollars after the price during the past years to not less than 120 thousand dollars, as well as rental prices fell by half and the price of rent in residential complexes to 250 dollars after it was In the past period not less than 600 or 500 dollars. " Dashti said that "the prices of real estate in residential areas within the city of Erbil declined significantly, but not the level of residential complexes and reached between 40 to 45 percent," pointing out that "a large number of displaced from the provinces of Anbar, Salahuddin, Diyala and Nineveh left the region back to their areas after That they were freed from the terrorists and that a large number of houses they occupied in the residential compounds have become empty and this has led to a drop in prices increasingly. " Half of the price and shared the talk Ferman Zangana owner of a house in a residential complex outskirts of the city of Arbil, saying in an interview for "morning": I offered my house for months for fear of the current situation and hold a referendum on the certainty that the economic crisis worsen day after day, pointing out that " He stressed the specialist in economic affairs Kamiran Hamza in an interview for "morning" the importance of "the initiative of the Government of the region in a positive response to the demands of the central government and dialogue and negotiations in order to reach positive results contribute to the restoration of life before it was a referendum, the air embargo at Erbil airports And Sulaymaniyah in front of international flights and the closure of border crossings with neighboring countries led to the aggravation of the economic crisis significantly and the government of the Territory to be cautious and comply with the demands of the federal government quickly and the delay is not in the interest of the region and the citizen is the one who pays the price of the crisis.[/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
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