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Property prices expected to fall after the distribution of residential land among the poor

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therealbubbie

therealbubbie
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Tribute to the government's decision to seek to provide jobs for the unemployed
BAGHDAD - Farah pumice
saw parliamentary committee competent that the government's decision to distribute residential land among the poor and those with limited income, will reflect on the real estate sector in a positive way. Committee considered the economic parliamentary government's decision to «step sound» in providing live well for the Iraqi people, usually the real estate sector «safe haven» for investment.
comes at a time that was considered by the Committee of Finance representative said the decision is a step to revive areas uninhabited and increase the turnout of citizens to buy them. Commission decision MP Mahma Khalil said »Sabah»: The «decision the government is a positive step because it serves the citizens and supports the real estate sector and housing, as it is the prime mover of the economy, job creation ». saw Khalil He (the government's decision) will contribute to the reduction of real estate prices if the distribution on an ongoing basis and in all provinces, and will contribute to job creation, urging the concerned parties to continue to implement this program leads to positive movement in reviving the real estate market.
said the Commission's decision that the prices of real estate during the current term high What can not the owners of low-income home buying, real estate, indicating that the real estate market is a safe haven for investment., in turn, member of the Finance Committee parliamentary MP Najiba Najib said »Sabah»: The «government's decision Saeb in providing live and good housing for the Iraqi people, as stipulated by the Constitution». indicated that Article 15 of the Constitution reads as follows: »Everyone has the right In life, security and freedom, and may not be deprived of these rights or restricted except in accordance with law »., while Article (30) as follows:» The State shall guarantee for the individual and the family, especially children and women, social security and health, and the essential ingredient to live in the life of free and dignified , provide them with suitable income and appropriate housing ». saw Najib said the move will support the areas inhabited by providing housing units, and to provide the requirements necessary water, electricity and sanitation, arguing that these areas will be the same purchasing power and an attraction for citizens to possess them. added that real estate with high prices is likely to be impaired and that the lack of request, noting it is a step towards moving away from slums and squatters will be to reduce this phenomenon gradually, as it will contribute to increase the beauty of the country through informal housing.
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