Tunisians Without Home Ownership

The article addresses the housing crisis in Tunisia, where the Treasurer of the Real Estate Developers Chamber confirmed that obtaining a home has become an elusive dream, with property prices now ranging between 350,000 and 400,000 dinars for the most modest housing. He also noted that approximately 45% of Tunisians do not own any property, and that a decline in home sales is leading to rising rental prices, thereby worsening the social situation. He called for a review and development of the leasing system for owned property. Additionally, he mentioned that government construction projects do not fully resolve the crisis, emphasizing that the private sector has the capacity to build between 25,000 and 30,000 homes annually if the conditions are favorable. He also proposed improving legislative aspects, particularly by enabling developers to recover their dues through banks, noting that there are between 5,000 and 6,000 unsold properties in the country and that the number of active developers is no more than 700.

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