The answer is simple; greedy property owners and agencies who are not subject to any effective controls or restricted in any effective way, and who can therefore charge ridiculously high rentals for sub-standard properties.
ok, don't call it Tax.. call it "charity due to empty flat"... doesn't matter how do you call it.. they should make it NOT WORTH it to keep flats empty.. don't know which way, but definitely the way might be found in a second, if there is a desire...
and can i ask you why whole Olimpic village is still EMPTY, since February 2007??? WHY other hundreds and hundrees flats are empty? what does it have to do with demolishing of old areas??
one can say: it is a free market, they don't want to rent it, and noone can do anything.. and it will be wrong. Because if government was interested in lower rent, they would find the way to make it worth for the owners to RENT these flats out rather then keep them empty. For example, impement tax for the empty flat. Whoever has second flat and keeps it empty has to pay "X" amount each month as a tax. Whoever has third flat and keeps it empty, pays "2X" amount, and so on.. it will not worth for the owner to keep it empty, he will rather rent it out for the lower price! and this is just an example. I am not a specialist in this field, it is just a common sense. Specialists from the government have to find the most appropriate solution for this issue.
The real reason for rent rise is demolitions of whole area of residential areas like Al Bida, Rumailah, Rayan etc which has created a supply demand gap
The main reason is beautification drive during the Asian Games and its still going on where old low rent buildings are demolished
Before these demolitions the rent was very stable so in a way the powers to be are to be blamed for not planning properly
It's really hard to accept that no creative steps are taken to attend this issue, when lots and lots of new projects are coming up in the country and lots of foreigners are reaching here day by day. The worst problem they are going to face is a place to stay and second the worst taxi problem
GOVERNMENT has to control everything in its country...
binuqatar, there are a LOOOOT of tools to make owners to give all the houses away for they rent enstead of keeping them empty. it is up to government to find the ways to change the situation on the real estate market.. IF THEY WANT.. but the problem is no one seems to be interested in changing anyything...
main reason is real estate people and villa partition people are doing this.
Suggestions
all building are constructed in bank loan. i suggest that bank takeover and rent all the building upto end of loan agreement after building handover to owner
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The answer is simple; greedy property owners and agencies who are not subject to any effective controls or restricted in any effective way, and who can therefore charge ridiculously high rentals for sub-standard properties.
I agree with you and great to have an perspective that has focus, your comments on a number of issues are intelligent
one cant stop it
If there is a will there is a way the problem is most of the flats are kept empty by the decision makers
[img_assist|nid=50852|title=hmm|desc=|link=none|align=left|width=|height=0]
ok, don't call it Tax.. call it "charity due to empty flat"... doesn't matter how do you call it.. they should make it NOT WORTH it to keep flats empty.. don't know which way, but definitely the way might be found in a second, if there is a desire...
QS thats what i was told i am not sure lol
btw did the link about toga help you to decide
[img_assist|nid=50852|title=hmm|desc=|link=none|align=left|width=|height=0]
INTEREST is haram.. it means to make a profit is haram.. but TAX is not profit...
all arabic countries have tax..
Tax is haram in islam thats what i was told dont know if its right or wrong
[img_assist|nid=50852|title=hmm|desc=|link=none|align=left|width=|height=0]
and can i ask you why whole Olimpic village is still EMPTY, since February 2007??? WHY other hundreds and hundrees flats are empty? what does it have to do with demolishing of old areas??
one can say: it is a free market, they don't want to rent it, and noone can do anything.. and it will be wrong. Because if government was interested in lower rent, they would find the way to make it worth for the owners to RENT these flats out rather then keep them empty. For example, impement tax for the empty flat. Whoever has second flat and keeps it empty has to pay "X" amount each month as a tax. Whoever has third flat and keeps it empty, pays "2X" amount, and so on.. it will not worth for the owner to keep it empty, he will rather rent it out for the lower price! and this is just an example. I am not a specialist in this field, it is just a common sense. Specialists from the government have to find the most appropriate solution for this issue.
The real reason for rent rise is demolitions of whole area of residential areas like Al Bida, Rumailah, Rayan etc which has created a supply demand gap
The main reason is beautification drive during the Asian Games and its still going on where old low rent buildings are demolished
Before these demolitions the rent was very stable so in a way the powers to be are to be blamed for not planning properly
[img_assist|nid=50852|title=hmm|desc=|link=none|align=left|width=|height=0]
What do u mean binu
economy 000000000000
It's really hard to accept that no creative steps are taken to attend this issue, when lots and lots of new projects are coming up in the country and lots of foreigners are reaching here day by day. The worst problem they are going to face is a place to stay and second the worst taxi problem
what do you mean who is going to control??
GOVERNMENT has to control everything in its country...
binuqatar, there are a LOOOOT of tools to make owners to give all the houses away for they rent enstead of keeping them empty. it is up to government to find the ways to change the situation on the real estate market.. IF THEY WANT.. but the problem is no one seems to be interested in changing anyything...
main reason is real estate people and villa partition people are doing this.
Suggestions
all building are constructed in bank loan. i suggest that bank takeover and rent all the building upto end of loan agreement after building handover to owner
I agree with you. but who's going to control.. I heard that oil price is also going to increase inQatar now.. may be from next yr onwards
Supply and demand + uncontrolled and un-ruled real estate market = Real estate jungle
Yawn. Tell me something I don't know.
That is the National Question at the Moment ;)