المملكة: Specialists for"today"Extending the study of the rental relationship achieves balance in the real estate market
A number of specialists in real estate and economic affairs confirmed that the directive of His Royal Highness Prince Muhammad bin Salman, The Crown Prince Prime Minister, by extending the study period related to the organization of The relationship between the lessors and the tenants , represents a strategic step that reflects the keenness of the rational leadership to achieve a fair and sustainable balance in the rental market, in a way that takes into account the rights of all parties, enhances economic and social stability, and pays The real estate sector towards greater maturity and more efficient legislation. "today" The extension of the study period opens the door to a structural shift in the rental market, which is based on fair rules, and achieves an accurate equation that combines social justice, economic efficiency, and the attractiveness of investment, in a new Saudi real estate scene in line with the state’s aspirations towards sustainability and balance. Walid Al -Zamil, a professor in the Urban Planning Department at King Saud University, said that organizing the relationship between the lessor and the tenant is one of the most prominent aspects that the leadership was keen to address within the steps of developing the real estate market, with the aim of preserving the rights of the tenant on the one hand, and ensuring the continuity of the feasibility of investing in residential real estate on the other hand. Justice is achieved in the market and guarantees residential and economic stability. "Rent, ”what limits conflicts and guarantees rights. An important economy in the short and medium term, indicating that the market may witness a state of temporary calm in prices, as a result of the anticipation of tenants and investors because of the legislation that will result in the legislation. Rights. An upcoming legislation can create a shift in the market structure by achieving a better balance between supply and demand, improving the quality of units, and ensuring social justice without harming the rights of owners and investors. Residential and commercial units. And low income, reducing real estate disputes, and stimulating the entry of more local and foreign investments. Daughter for the future of a more mature real estate, stability and fair real estate.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
