Wednesday, October 24, 2012

Abdulaziz Alkhodr                     

                        Saudi addresses housing gap as home ownership deficit rises

This article talks about the difficulties that Saudi people face in order to own houses, by giving

the cost of land and the lack of bank financing. The article says that only 30% of Saudi people

who won houses, and 65% of the population is on rent. So people feel that they should be housed

because of the financial boom. The articles also suggest the Idea of the mortgage as a solution for

this problem.

Saudi addresses housing gap as home ownership deficit rises.” Business Intelligence: Business

Intelligance Middle East, 4 Sep. 2008. Web. 22 Oct. 2012

1 comment:

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