<!--<!--<!--Confirmed the institution, "Jones Lang LaSalle," Global, in a recent report, recovery of the real estate market in the coming period, in spite of the strikes that pass by Egypt since the outbreak of the revolution on January 25. It expects to show Egypt stronger, through greater transparency and labor policies friendly, making them more attractive to work over the long term, compared to the period before the revolution, on the grounds that domestic demand will be strong impetus to the growth of real estate, with the return to normalcy after security in Egypt, are likely to witness some sectors, a positive improvement at the end of the year. Ahmed Anis, President of the assessment center real estate at Cairo University, stressed that the events of January 25 did not negatively affect the real estate Egypt market, pointing to the existence of reservations of new consumers, saying: "There are some Egyptians who emigrated to Canada began searching for housing units for them in Egypt", and the expectation of rising prices of housing units in the coming period due to increased rates of demand. He also predicted Anis to see the Real Estate Egypt market attractive large Egyptian investments, foreign and Arab in the coming period, a reference to the role of revolution Jan. 25 in the elimination of corruption and its impact in increasing the income of the Egyptian citizen for three times, citing the report of the World Bank issued in 2004 and the report of a U.S. magazine famous confirmed the high income of the Egyptian to 3 and a half times in 2012. He said, adding that the elimination of the monopoly will help to reduce the cost of construction materials, and thus lead to abundance in the number of the land. He called the President of the assessment center real estate at the University of Cairo, the new government to invest funds of Egyptian banks, stressing that in the event of employing them correctly will help to eradicate the housing crisis in Egypt, saying: "The size and deposits of Egyptian banks of 460 billion pounds, although not hiring banks are correctly only that the Egyptians are getting interest, let alone the size of the interest derived by the Egyptians in the recruitment of these funds in projects more profitable. " In his view, Abu Hassan Nassar, real estate expert, said that events in the country, the end of January this year impacted negatively on the real estate market, pointing to a recession and the recession that hit the Egyptian economy. He pointed to the billions lost to the State because of the corruption of the housing sector and selling of land at the cheapest prices, compared to their numbers the actual, saying: "Auction of land it offers for any company to enter the paper dummy fake get him to land cheaply and sell them numbers are enormous, and surprise us in the end not to acquire them any entity or the financial capacity of the founders recognized. " He called Abu al-Hasan that there should be a specialized committee in the assessment of real estate assets and land, the pricing territory of the State before the sale, according to scientific standards and international, and finds that the recovery in the sale and purchase real estate market is linked to the stability of the political situation of the country, also predicted the increasing rate of foreign and Arab investments to the Real Estate Egypt market period the next, pointing out the necessity of enacting laws and for greater transparency and credibility

Source: Real Estate Egypt