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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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    Parliamentary Investment Committee calls on the government to intervene regarding the insane increas

    Rocky
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    Parliamentary Investment Committee calls on the government to intervene regarding the insane increas Empty Parliamentary Investment Committee calls on the government to intervene regarding the insane increas

    Post by Rocky Today at 5:18 am

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    [size=52]Parliamentary Investment Committee calls on the government to intervene regarding the insane increase in investment housing units[/size]
    • Today 12:45

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    Information / Baghdad.. 
    On Thursday, the Deputy Chairman of the Parliamentary Investment and Economy Committee, Representative Suzan Mansour, called on the government to intervene directly and review the mechanisms for granting investment licenses for residential projects and to put an end to the insane increase in the prices of residential units granted for investment. 
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    Mansour told Al-Maalouma Agency, "What the capital Baghdad and the rest of the provinces are witnessing in terms of a wide-ranging construction movement to build residential units and complexes, the lands of which have been granted by the state, is a joyful matter. However, at the same time, we are witnessing a crazy increase in the prices of residential units, which the middle and poor classes cannot afford to buy any unit, in addition to the lack of financial support from government banks." 
    She added that "the citizen has the right to own a housing unit at reasonable prices supported by the state, especially since the lands on which the projects are built belong to the state and the citizen has a right to them, indicating that "the state of speculation between capitalists in buying and selling housing units has also contributed to raising prices in an unreasonable manner." 
    Mansour called on the government to "intervene directly and review the mechanisms for granting investment licenses for housing projects with setting price limits that will in turn contribute to supporting the citizen, otherwise we will resort to questioning the head of the Investment Authority before the House of Representatives."
    It is noteworthy that the prices of housing units in privileged and non-privileged areas ranged between $350,000 and half a million dollars. End / 25m
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