What next for Lebanon’s real estate market – Abdallah Hayek

Chadi S. Abdallah & William D. Lastrapes, 2013. " Evidence on the Relationship between Housing and Consumption in the United States: A StateLevel Analysis ," Journal of Money, Credit and Banking , Blackwell Publishing, vol. 45(4), pages 559-590, June.

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What next for Lebanon’s real estate market – Abdallah Hayek The stability of the market mainly depends on the growth sectors including banking, real estate, hospitality and the business environment. Learn More


Abdallah Issa said the size of a person’s vehicle should not dictate whether or not they have right of the road. ‘I’ve been cycling for about 2 years now, just because your car is bigger and faster.

To avoid disaster, bank and real estate companies launched an investment platform in October that aims to raise $250 million to purchase some of the unsold properties. “The aim is to buy up more than 200 flats in greater Beirut and sell them on the foreign market,” focusing on Lebanese expatriates, said Massaad Fares, head of the Legacy One.

What next for Lebanon’s real estate market Amongst major challenges faced by the new Lebanese government is the stability of the real estate and housing sector, with questions being raised on the possibility of avoiding a price crash and survive amid the current market fundamentals?

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The ‘not enough land for foreigners’ claim is faulty on two grounds. Regarding population density, in Saida’s Ein el Helwe Camp, the largest of the 12 in Lebanon, approximately 90,000 refugees are tightly packed into less than 1 km sq. area whereas the average Lebanese population density is close to 350 persons per sq, km.

Lebanon's real estate sector has taken a hit in recent years, where a multitude of factors. Abdallah Hayek, CEO of Hayek Engineering and Construction Group, said in an. Next PostCNN Report – Lebanon's Silicon Valley.

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