Informal housing comprises 40 per cent of the countrys urban areas following poor land-sale regulation by previous governments and the development of unlicensed housing units
Special Report contents:
- Affordable housing must be developed on massive scale
- Construction market to get worse before it gets better
- GCC construction prospects for 2016
- Affordability becomes Dubais real estate priority
- Egypts housing problem deepens
- Finding success in the Egyptian market
- Bigger is better for consultants consolidation merits grow
- Contractors will be dissatified with 2016
- 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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