Saudi home financing reforms beneficial to real estate market
 

https://s1.yimg.com/bt/api/res/1.2/F...5578455207.jpg?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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