Syria quake will negatively affect real estate market: experts ...Syria

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Syria quake will negatively affect real estate market: experts
Enab Baladi – Jana al-Issa The Feb.6 devastating earthquake that hit southern Turkey and four Syrian governorates hiked the housing and shelter crisis that arose during the past years in most Syrian governorates, which will have an impact on the real estate market in the current and future term. The high prices of building materials and their reaching unprecedented levels during the past years, in addition to the lack of purchasing power among residents in regime-controlled areas, led to a stagnation in the movement of the real estate market, accompanied by a large increase in supply that did not match the demand, for many reasons, most notably the desire to emigrate. There are many

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