Abstract
This paper presents the difficulties encountered by the Compagnie Générale Immobilière (CGI) in the real estate sector. These challenges risk seriously compromising its mission to facilitate home ownership for low and middle-income groups. The nature and complexity of factors involved in property development are diverse: technical, land-related, financial, legislative, regulatory, and socio-economic. Housing prices are rising sharply and continuously while purchasing power evolves very slowly or stagnates. Housing affordability is increasingly out of reach for low and middle-income categories. This price increase is explained partly by the evolution of housing price components and partly by the requirements of local authorities and administrations. The presentation focuses on housing costs (VIT) and the credit system for acquisition.
Recommended Citation
Amrani, A.
(1986)
"The Difficulties of Property Development,"
Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management): Vol. 5:
Iss.
2, Article 25.
https://doi.org/10.66499/2665-7112.1538
Available at:
https://scholarhub.univh2c.ma/remadeg/vol5/iss2/25
DOI
10.66499/2665-7112.1538