This year – the recession in the real estate market reaches its peak in the Gaza Strip (video)

The stagnation in the real estate market in Gaza was the title of the episode “From Gaza”, where the owners of real estate companies and investors expressed their dissatisfaction with the decline in purchasing power among citizens and the scarcity of liquidity in Gaza, which put the majority of them facing major challenges and forced them to reduce their investments.

They pointed out that the deficit in the real estate market has reached 70%, meaning that the recession has reached its peak, which has resulted in the bankruptcy of many owners of real estate companies, while those who remain in the market are, as they put it, struggling to survive, trying to follow the installment system and reduce their areas. Residential units so that low-income people can buy real estate, and as an attempt to continue the business, which is declining year after year

Source: Maan News Agency