Morocco: When the dream of owning property becomes inaccessible
Morocco: When the dream of owning property becomes inaccessible
Despite the government’s housing assistance program, many Moroccans still have serious difficulties in acquiring suitable housing. A situation that raises concerns.
Many Moroccans are faced with this harsh reality. Access to property remains a problem for them, in this difficult economic context. The real estate sector is facing several challenges that urgently need to be addressed to facilitate access to housing, a real estate developer analyzes with the newspaper The morning. According to this professional, the decline in the purchasing power of Moroccans due to the general rise in prices partly explains this difficulty in accessing housing. Those from the middle class increasingly prefer to turn to low-cost housing, especially since banks have tightened the conditions for granting credit.