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Outlook 2017 .. the real estate market is witnessing volatility in prices
27/12/2016 0:00
[rtl]
BAGHDAD / Farah pumice
predicted an economist who specializes attest that the real estate market fluctuations in prices during the year in the real estate specialist 2017.obhsp Saad Al Zaidan "morning" market, the most important causes of volatility are: money supply and volatility, especially with the lack of stability of the price of crude oil (which the foundation supplier to Iraq), as well as the possibility of the return of thousands of displaced families to their areas means an abundance of supply in certain areas with a lack of demand, particularly in the safe areas in Baghdad and other provinces. "
domestic product
also noted" the importance of the movement of construction and reconstruction that pay government at them, especially with the quest to rely on the domestic product of cement, iron and steel and other important construction materials, in addition to the existence of agovernment project to sell land ministered to citizens at affordable prices and provide housing for them loans, which means a lack of demand for land and housing in the heart of the cities. "
residential complexes
Zaidan also pointed to " the real estate market affected during the 2017 movement tobuild residential complexes that will be the launch of some in the coming months, along with the completion of other projects were introduced some time ago , such as city project Basmajh complexes and the Ministry of Finance and the Municipality of Baghdad and other", pointing out that " abuses and slums file is still significantly affects the market with a solution not to put him so
far. "
Substantial funds
were the Commission services and reconstruction Parliament has interpreted the Cabinet decision on the removal of the abuses taking place on the property and real estate State, as Chairman of the Committee Nazim al - Saadi recently explained in a press statement that " the secretariat of Baghdad has failed to fulfill its role due to the extent of the abuse and its relation to party , " noting that "excesses there are the types of excesses built significant funds residential Kalmjmat random on agricultural land, and there are excesses of the state departments , "stressing that" the current circumstance of the country there is no ability of the state to accommodate the squatters. "[/rtl]
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