If you have money and are thinking about investing it in what… gold, real estate, or savings certificates… we will tell you why if you intend to invest in real estate, wait a while and watch this video first and then decide…
The real estate market has been unstable for a long period since the dollar crisis that reared its head in the beginning of 2022, due to which real estate prices rose very significantly due to high construction costs, high prices of iron and cement, and the prices of materials used in finishing, such as sanitary and electrical tools, ceramics, and paints, and all of this was added in the end. On the final price of the apartment or house, and because of this, there has been a great demand for investment in real estate, as it is a market that rises quickly, and any increase in prices means additional gain.
After the Sudanese crisis and the arrival of thousands of Sudanese to Egypt, the demand for rental apartments increased, and there was a second jump in rents, which led to a revival in the real estate market once again.. Days passed and a large number of refugees returned, and the demand for apartments decreased, and consequently their prices fell significantly, and with the many disturbances in the market Real estate investment remains not very guaranteed, especially with the Ministry of Housing, Utilities and New Urban Communities preparing to offer thousands of new apartments within the housing programs and because there is a great demand for the Ministry of Housing’s advertisements, the demand for real estate is decreasing. In the normal market, this is due to the large supply of residential units.
There is also another important thing that you must know before investing your money in real estate, which is that the old rental law is changing, which means that between 300 and 400 thousand closed apartments will be added to the housing supply, and with the recent housing announcements, there will be great saturation of the market in a short time, and this could cause a stagnation in the real estate market or It creates a real estate bubble if people who bought decide to sell at the same time
This means that if you have money and want to invest it in real estate, then you must first know where the market is going, and the advice is to be patient until at least the crisis of the old rental law is over, and the official offering of new units and the Ministry of Housing is completed, and then you will see where the price curve is going, and then you will make the decision, but let us be sure of that. A very important thing is that investing in real estate is always a successful investment because it is a long-term investment. This means that if you buy a property, do not sell it 5 years ago if you want to make a profit from it. Largely, this is because the demand for housing in Egypt will continue to increase, no matter how large the supply of housing units is, and this is due to the increase in population and the presence of a large number of young people of marriageable age.
