21 Hrs
Source:
Lebanon Debate
Suburban rent surge amid war in Lebanon
The article discusses the rising cost of rentals in the southern suburbs of Beirut, especially after the Israeli war, where rents increased by 30-50%. Rental prices jumped from around $400-450 to between $550 and $1,000. Experts attribute the inability of the municipalities to set price caps or directly regulate the market to legal constraints, despite their efforts to negotiate with landlords. Many residents, particularly displaced families, have been adversely affected by the rising prices and the destruction of their homes, which worsens the social crisis due to decreased purchasing power and increased demand for housing in the area.
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