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RENTS rents RENTS!!!
By bilique on Sun, 11/05/2008 - 9:42pm
WHY IS THE SITUATION IN DOHA SO SAD :(
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OrangKedah said
If you're referring to ...If you're referring to rents, the answer is GREED my friend.
bilique said
but how ...but how are we suppose to manage.....making ends meet
nadt said
sad for the tenants but not ...sad for the tenants but not the landlords
AbuAmerican said
It wont last forever, you ...It wont last forever, you can only choke the golden goose so much before you kill it.
Eve said
construction costs ...It doesn't help that construction costs have doubled if you can even get people to do the work and pay for the materials. Its when Mobil and the oil companies came to Qatar the price of things went high as these companies were willing to pay a premium for everything. Now there are not enough compounds so its supply and demand! Hopefully building will catch up but I doubt rents will come down as now the new villas cost so much more to build.
The rock said
I can't understand why the ...I can't understand why the free market dynamics don't play their role and the prices adjust depending on supply demand.
The sad part is not that rents are high (too many things are high these days)
But the sad part is that so many places are lying vacant and yet rents are high.
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Quidquid latine dictum sit, altum sonatur.
mufy said
as akon said.. ...u can put the blame on me.. oops,. not me.. inflation they say! and as everywhere else, the middlemen or brokers..
whoami said
the answer is inflation, not ...the answer is inflation, not restricted to greed.
Read my post on one view on inflation though at http://blog.iloveqat...
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Click here for info Qatar's safety, events, costs, pics, and so much more I♥Q <-- (Expat, Tourist, and Local I
KellysHeroes said
no whoami ...it is both, inflation and greed. over the past 5 years, total inflation was about 50%, rents soared and roared to about 200%
===================================== http://www.qatarlivi...
qd06 said
Inflation-------------------- ...Inflation-------------------------whatever greed. Supply and demand. Please tell me how is the demand greater than the supply when I see so many empty places with FOR RENT signs.
Act your age not your shoe size
bilique said
its shocking how some people ...its shocking how some people manage to share n live n how some guys totally take advantage of the situation and make houses out of partitons and call it independant
even places are being put up as out houses which were only meant as the gaurd house
my dad move to doha in the 70's n lived here for 33 yrs. he passed away last year n we have been trying our best to move in long strides. now that i will get married it sad to think that i will not be able to live on my own the life i knew in doha no longer feels like home
kim said
Still on the same issue. ...Still on the same issue. Have you realised that every landlord will require atleast one month's deposit paid up and a month's notice bfore you vacate. But whenever you find a house and you want to move out, ain't nobody going to wait on you for 30 days before you move in. Hence everytime you move you find yourself paying rent twice. For the new and the old house!
OrangKedah said
Inflation? Naa.... that'a ...Inflation? Naa.... that'a simplistic expanation. Whether it's the "Monetorist" theory or the "Keynesian" theory, the result is just the same. The is abundance or QR in the market and as a result, people are trying to make a quick buck out of the situation. Call it opulence, opportunity or pure greed,it results in higher cost of goods and services. The banks, sadly, are unable to regulate or control inflation even as they keep their interest rates low. There's just too much liquidity in the market, so who cares about the banks anyway? There is no price or rent control here. Even if there's a decree on rent control, nobody pays too much attention to it. The reason? It's pure greed.
AbuAmerican said
Agreed orang, it is pure and ...Agreed orang, it is pure and simple greed
OrangKedah said
bilique... ...I'm really sorry to hear about your dad. Thirty three years in this country and still unable to afford to buy a house? It's really depressing and frightening and I understand your predicament. Unfortunately, the supply and demand has been artificially created here. I've give the reason in my previous post.
mghozlan said
totally agree orang, ...totally agree orang,
Snowstorm said
Greedy landlords ----hope the situation doesnt get worser... ...YOU DONT KNOW ME, DONT EVEN TRY !!!
OrangKedah said
Snowstorm... ...I hate to say this but I don't see how things will get better unless there is strict enforcement on rent controls in this country. The effect on spiralling costs will have a direct impact on Cost of Living Index, Consumer Price Index and other parameters of inflation.
spicemom said
it will get worse unless ...it will get worse unless they put a stop to all this .......then again will they want to??back to GREED again......dang that word again.......>sighs
life's too short so make the most of it, you only live but once.......