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Egyptian Democratic: Foreigner's house, citizen's ban

Egyptian Democratic: Foreigner's house, citizen's ban

The article by Deputy Freddy Al-Bayadi addressed an inquiry regarding the Prime Minister's statements about real estate exports. He pointed out the need to establish legal, security, and economic regulations for selling residential units to foreigners, emphasizing that current policies may lead to reduced opportunities for Egyptians to access decent housing. He called for transparency about the number of properties owned by non-Egyptians over the past five years and for potential solutions to help the middle class and low-income groups toown housing. He also stressed the importance of implementing restrictions to prevent speculation and rising prices, ensuring a balance between attracting investments and protecting citizens' rights.

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