16 minutes ago
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The Parliamentary Investment Committee confirmed that Iraq needs 150,000 housing units to reduce real estate prices.
Committee member Muhammad al-Ziyadi said in a press interview seen by Taqaddam that “the issue of investment falls within supply and demand.
He added, "There is a need in the capital, Baghdad, for 100,000 housing units, and we have to provide 150,000 units in order to be able to reduce the price of housing units."
Al-Ziyadi explained that "providing units that are less than required will lead to an increase in demand and an increase in prices."
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