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Nawab Warns of Real Estate Crisis

Nawab Warns of Real Estate Crisis

The material focused on Jordanian deputies' protests against an amended draft law related to real estate ownership, where they expressed their concern that Article 2 of the law allows confiscators to seize parts of citizens' land without compensation, especially in cases involving railway routes. The deputies emphasized that this article constitutes a constitutional violation, as private property rights must remain protected by the right to compensation, even in cases of public interest. They also criticized the Transport Minister's statement claiming that the passage of railways would increase land prices, explaining that in developed countries, building around railway projects is prohibited to ensure safety, not to drive up prices. Summary: Jordanian MPs expressed their fears that the amended real estate ownership law permits the confiscation of their lands without compensation, particularly if railways pass through them. They deemed this a constitutional violation and criticized the ministry's justification that it expects land prices to rise.

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