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Saudi housing shortage
- Saudi Arabia: Saturday, August 19 - 2006 at 12:10
A survey by the Riyadh Chamber of Commerce has revealed that Saudi Arabia's population is set to cross 26m by 2010 and population growth in some areas is outstripping the construction of housing units, reported Arab News. New housing development in Baha, Hail, Al-Jouf and Jizan is below the annual population growth rate of 2.5%. Many of these areas have been earmarked for new low lost housing initiatives.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, August 19 - 2006 at 12:10 UAE local time (GMT+4)
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This article was updated on Wed May 30 2007.
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