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Jad K.'s picture
5 years 10 months ago
Jad K. - Interesting article, however, as per the below comments, some factors are missing here. Need to take the following into account: scarcity of build-able land in the capital (Beirut); expatriates who are the majority of mid it high end apartments; demand vs supply of new projects. Those factors will push the prices upwards, versus the factors being stated which push downwards. In addition, not all people will be able to buy in the capital and this is normal, where there are other options like Bchamoun, khalde, martakla,,,,,, I believe the government should residents in such areas via managing the road networks, public transportation and building permits organization. This should be a National level discussion where representatives from government, buyers and sellers should discuss an overall strategy for the issue at hand.