You know that the old rent will reach about 6 thousand pounds… meaning the time of the pounds is over.
Representative Atef Al-Maghawri said clearly that the deadline of 5 years for commercial and 7 years for residential is of no real benefit.
Because the rent increase has actually been implemented since the law was issued, we are not waiting for the end of the period.
I mean, if someone lives in a special area and pays 300 pounds, the rent after doubling it 20 times becomes 6,000 pounds.
This is calculated from the previous month of 9. Also, the rent in the middle and economic areas has become 10 times the old value.
The law also gives the landlord the right to file a lawsuit if the tenant does not pay the new rent, which means implementation is already working, not just words on paper.
