Monday 11 August 2014

85 real estate funds with over SR25 billion of assets underpin Saudi real estate market | Economy | Saudi Gazette

85 real estate funds with over SR25 billion of assets underpin Saudi real estate market | Economy | Saudi Gazette:



"The housing shortage in Saudi Arabia compounded by very steep real estate prices, among others, gave rise to creation of funds aimed at tackling the ticklish issue.



Industry practitioners came up with innovative solutions to ease the dilemma of buying and owning a house.



Many take the initiative to provide insight, analysis and answers to the housing problem in the Kingdom – comparing the number of solutions proposed by the government by ways of laws, regulations and the projects offered by the Ministry of Housing. Despite these, the problem remains – leaving room for more opinions and analysis."



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