Saudi apartment rents seen to fall: survey
- Saudi Arabia: Tuesday, December 04 - 2012 at 05:47
According to a survey by the Saudi National Strategy for Housing, apartment rents are likely to fall in the near future and tenants will be able to lease larger houses, Arab News has reported. "It is expected that the Saudization policies of the government and the soft housing facilities offered by the Ministry of Housing will reduce the demand for rented houses and enable Saudis and expatriates to live in more spacious houses," the study said.
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