Al-Marsad newspaper: Dr. Fahd Al-Abdul-Jabbar, who is interested in economic affairs, stressed that the decline in real estate prices is not a collapse, but a correction to the high inflation witnessed by the sector in the recent period.
Al-Jabbar said during his interview with Al-Ekhbariya channel that some real estate owners believe that the rise in real estate prices serves the local economy, and this is not true.
He added that the decline in inflated real estate prices is in favor of the local economy by 100%, as the individual can secure his housing and enjoy a quality of life.
