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بوابة الشروق
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Source: بوابة الشروق
24 Hrsبوابة الشروق
Source: بوابة الشروق
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The article addressed criticisms from MP Hossam Hassan, a member of the House of Representatives, regarding the housing units offered through the lease-to-own system announced by the Ministry of Housing. He emphasized that this proposal does not target low- or middle-income groups, but rather the upper-middle class with incomes ranging between 25,000 and 30,000 Egyptian pounds per month, with total costs potentially exceeding 6 million pounds over 20 years, despite claims that it is aimed at low-income individuals. He pointed out that the original philosophy of the project was to provide housing for those unable to afford their own units, but the numbers and conditions contradict this goal, showing that beneficiaries of the units will bear heavy financial burdens, thereby distancing the target segment from the truly vulnerable in the housing market.
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