What are the causes of recession real estate market.
What are the causes of recession real estate market.
What are the causes of recession real estate market. |
The actual real estate market suffers from difficulty, in line with many news and assessments circulating in many Arab countries, especially Egypt, which are not long in the past, from the severe stagnation within the purchases and promotions of real estate market operations in record form.
Reasons for the actual stagnation of real estate:
Regardless of the reasons for this recession, which we can communicate with almost simultaneously, the recession is a vital and herbal degree within the lifecycle of the actual real estate market! The country of the real estate market is subject to several criteria, the most important of which are the prices of supply and demand, which in turn are affected by many causes and variables. Real estate market procedures between recessions and start cyclically without stopping! But the query is, is the contemporary recession a complete recession for all sectors of the actual real estate market?
Who appears in the actual real estate market in Egypt with a closer appearance?
The truth is that everyone who looks at the actual real estate market in Egypt through a closer look finds that the impact of the recession is greater in certain sectors than in other sectors, for example, most of those who sell their homes or small and medium-sized companies that operate within the 1 or properties that suffer More so in the income movement, unlike the huge groups whose paintings in the idea of "complexes" and apartment complexes that locate their suffering are significantly less and the reason here is not always the most effective because of the differences and the possibilities of advertising.
Human culture and interests differ:
But there are many reasons why we point out that human culture and entertainment have varied and that many people have become curious about existing information about the drug from luxuries and luxuries more than the origins themselves! It is also a decisive reason that the ceiling of the people who promote their actual property is the main trend of selling coins or with very weak facilities that are everyday light in the turbulent financial situation in the modern era which represents the subject matter of the actual real estate seller in the buyer's commitment to pay more than Too long.
the owner of real estate:
Especially since the actual real estate owner will no longer resort to promoting the recession period except for the urgent need for financial liquidity or to take advantage of another financing potential, and in all cases, there is no opportunity for temporary storage, unlike the large agencies and "complexes" initiatives that offer tremendous facilities regardless of the huge differences in fees with real estate individuals, however, these companies can bear the risk of non-compliance through a small number of clients due to the presence of a large group of clients in a standard that covers any lack of fees with some and in extreme cases, this deficiency in the calculation of fees on the side of contracts is considered That provide Unfortunately the upper hand of real estate groups deals almost entirely with the maximum number of tools that must be preserved.
Another area that has turned to the market at one time affected by the real estate market is the sale and purchase of land at the personal level due to the fact that the upward rise in real estate prices in many regions and towns directly affected the growth of prices in the surrounding areas specifically land and popular land The acquisition of land for a person has become expensive and financially stressful, especially with the rise in fees for creating materials, which led to the suspension and postponement of the development choice in many lands, and also to you we see that the recession is clear in the lands that the Kingdom provides to individuals, where it is presented more than once and Unit because of the lack of invitation from people to shop for those lands in the light of the upward rise in mad prices during the recent period.
Real estate development institutions made the most important profits in this third of the year:
In the case of surrender - the impact of the recession within the real estate market in Egypt actually appears on the level of people, whether at the level of buying and selling or at the level of real property and land, while this effect is much less for the most important real estate companies and real estate improvement groups, which is evident In the news circulated by many optimization companies. Real property, for example, is that actual real estate companies are the most profitable in the first sector of 2019
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