Egypt struggles to deliver on housing promises

09 November 2015

Informal housing comprises 40 per cent of the country’s urban areas following poor land-sale regulation by previous governments and the development of unlicensed housing units

Special Report contents:

  • Government promise to deliver 500,000 units a year seems difficult
  • Informal housing and illegal construction still a major problem in prime real estate locations
  • Land prices mean affordable housing schemes are not attractive for developers
  • Foreign currency volatility deters foreign investors

Video:

Egypt housing, Hossam Abougabal

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