Saudi home financing reforms beneficial to real estate market

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https://s1.yimg.com/bt/api/res/1.2/F_UQu7tllZ2to4m7jXqt9w--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_AE/News/Saudi%20Gazette/145578455207.jpg (https://en-maktoob.news.yahoo.com/saudi-home-financing-reforms-beneficial-real-estate-market-091820074.html)?Any significant reform in reducing the cost of home finance will positively impact the real estate market,?* JLL said Wednesday in its inaugural ?2016 Top Trends report for the KSA Real Estate Market?. In Q4 2015, it was an**unced that the state owned Saudi Real Estate Development Fund (REDF) will be turned into a bank ? such developments will address some of the issues related to home financing in the Saudi market. The current shortfall has both social and eco**mic costs, and it will require a collaborative effort from both the government and private developers in addressing this shortage.




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