Wednesday 13/November/2024 – 12:16 PM
Dr. Abdullah Al-Maghazi, former parliamentarian and professor of constitutional law, reviewed how a law can be addressed Old rent Gradually to take into account pensioners and low-income people.
Professor of Constitutional Law: The gradual increase in the value of old rent is very important, especially for low-income people and the elderly
Al-Maghazi added, during statements via a video clip broadcast by the Information and Decision Support Center of the Council of Ministers: Graduation is very important in increasing the value of the old rent, especially with regard to low-income people and the elderly who depend on pensions, taking into account the level of inflation.
He added: The longer the time progression creates a balance in the relationship between the two parties, I believe that the increase will reach a certain percentage that will be determined between the two parties.
In a related context, Representative Mohamed Al-Fayoumi, Chairman of the Housing Committee in the House of Representatives, revealed the details of Parliament’s study of the fate of those unable to implement the old rental law.
The head of House of Representatives added, during press statements to the Information and Decision Support Center of the Council of Ministers: We will require the government to allocate units of low-cost housing, which is financed through real estate financing, for people who will be very poor and cannot afford the new adjusted rental value.
