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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The housing crisis is troubling Baghdadis. Houses are suffocating with citizens, and investment proj

    Rocky
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    The housing crisis is troubling Baghdadis. Houses are suffocating with citizens, and investment proj Empty The housing crisis is troubling Baghdadis. Houses are suffocating with citizens, and investment proj

    Post by Rocky Wed 17 Jan 2024, 4:36 am

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    [size=52]The housing crisis is troubling Baghdadis. Houses are suffocating with citizens, and investment projects are making matters worse[/size]

    [size=45]Baghdad/ Haider Hisham[/size]
    [size=45]The Minister of Construction and Housing, Benkin Rikani, sounded the alarm about the housing crisis in Iraq, after he announced “worrying” statistics about the deficit rates in housing units, especially in the capital, Baghdad, which amounted to approximately 31%. The statistics reviewed by Al Mada show: “The capital, Baghdad, leads the deficit in housing units, reaching 31%.[/size]
    [size=45]While the number of suitable residential units, completed and unfinished, reached 1,132,548, the total population in the capital reached 1,710,219, until 2022, according to the Ministry of Construction and Housing.[/size]
    [size=45]The housing problem in Iraq is worsening very quickly, in a country where the growth rate is 3% annually, and the problem is largely concentrated in the capital, Baghdad, in light of the absence of a population census that accurately shows the extent of the problem and the extent of the citizens’ actual need. Member of the Parliamentary Services and Reconstruction Committee, Baqir Kadhim, considered the housing problem in Iraq “not easy.” While he touched on residential investment projects, he pointed to government solutions.[/size]
    [size=45]In an interview with Al Mada, Kazem said, “The Prime Minister has a plan to support the housing file in all governorates of Iraq, especially the capital, Baghdad, which will be discussed during the sessions that will be held to choose governors who will work to find radical solutions to the housing problem.”[/size]
    [size=45]“Investment exhausted the citizen”[/size]
    [size=45]He adds, “The currently existing investment residential complexes have become a burden on the shoulders of the Baghdadi citizen. Because he cannot buy such housing units or apartments, which has greatly affected his income.” He goes on to say: “The Iraqi citizen, whether he is a simple person or an employee, is not able to buy a quality residential apartment in Baghdad. As a result of the very high prices,” stressing that “this is another problem affecting the housing crisis within the capital.”[/size]
    [size=45]“Government proposals”[/size]
    [size=45]A member of the parliamentary services explains, “There are some government proposals that provide for the establishment of residential complexes, to solve part of the housing crisis in the capital, Baghdad, through installments or selling at reasonable prices.” Kazem explains, “The Prime Minister directed the establishment of residential complexes or finding radical solutions to this problem, especially the capital, Baghdad, considering that the rest of the governorates may have large lands, and therefore the relevant ministries can solve this problem,” considering that the biggest problem “exists in Baghdad, which “It requires finding projects that serve the citizen, in a simple way, and that allow him the ability to repay loans or purchase them.”[/size]
    [size=45]“Most notable projects”[/size]
    [size=45]Regarding the projects that the government is working on, he points out, “There is the Al-Sadr 10*10 project, where lands have been identified and contracts have been made with reputable companies to begin the work of these projects, inside Baghdad, and very close to (Sadr City),” stressing that “this project is large.” Very much, and it will be among the strategic projects to solve the housing crisis.” The services member points out that “there are several other projects, on the outskirts of the capital, Baghdad, that can solve this problem,” explaining that “the housing problem is not easy, and it needs study and planning.” In turn, economic affairs researcher, Qasim Balshan, diagnosed the “basic problem” of the housing crisis in Iraq, and while he considered it a “real problem,” he held the government responsible for the aggravation of this crisis.[/size]
    [size=45]Balshan mentioned, in an interview with (Al-Mada), that “Iraq is experiencing a real and actual housing crisis, as it clearly shows how families are dividing themselves, dividing one house into several houses, while some other families live in only ten meters.”[/size]
    [size=45]He points out, “This indicator indicates the absence of real will and the lack of real, actual planning to address the housing crisis,” indicating that “this crisis is not only borne by the current government, but even by previous governments after 2003.” The economic affairs researcher continues: “It is not reasonable for more than 10 people to live within 50 metres. This is close to fantasy,” holding “the Iraqi government with great responsibility, especially the Ministries of Planning, Reconstruction, and Housing.”[/size]
    [size=45]“Real solutions”[/size]
    [size=45]Regarding the necessary solutions to the housing crisis, Balshan explains that “patchwork solutions must be overcome, as the ball is currently in the court of the Ministry of Planning, which must provide accurate statistics about residential growth in Iraq during each year, which is the time when the Iraqi government is supposed to begin developing a plan.” “Actual.”[/size]
    [size=45]He continues by saying: “Iraq has very large vast areas, while both raw materials and manpower are abundantly available, and the government can also seek the help of foreign investment companies, but all of these components lack the real will, with the presence of which it is possible to address the housing crisis.”[/size]
    [size=45]“A huge rise in prices”[/size]
    [size=45]Real estate prices are witnessing a huge rise in the capital, Baghdad, in a suspicious manner that some associate with money laundering operations, which leaves the middle-income class unable to find decent housing. The housing investment projects established in Baghdad did not solve the problem, due to their high prices and the payment plan that is divided into exorbitant installments, in light of the failure to repeat the experience of the Bismayah complex.[/size]
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