The government is moving to launch a new housing formula for rent for middle-income citizens, within the framework of the new policy pursued by Higher authorities To eliminate the chaos in the residential rental market in Algeria.
The country’s highest authorities are working on… Embodying promises Which the President of the Republic has decided on the ground, which includes the citizen’s right to obtain adequate housing, where among the proposed solutions is the launch of a new housing formula directed to rent for the benefit of citizens with middle income.
He was the Minister of Housing, Urbanism and the City. Tarek BelaribiHe stressed that with regard to the housing rental issue, as one of the alternatives that is strongly presenting itself to alleviate the severity of housing demands, the problem at hand can only be addressed in a comprehensive and broad perspective.
The Minister also indicated that the draft policy New housing It would embody many stages associated with ensuring access to housing, not necessarily through ownership.
The Minister stated that, in this regard, the promotion of private real estate for rent is encouraged, with tax incentives for the benefit of landlords, and the principle of not giving up housing is established.
The Minister of Housing said that this would encourage movement from one residence to another according to the family’s monthly income, in addition to encouraging and upgrading the rental market and protecting landlords through legislation in order to offer unoccupied homes for rent.
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