Saudi real estate experts have confirmed that the quick profits on offer in the stock market have caused the real estate investment to go down. They told Okaz daily that it is important to put safe regulations for real estate participation and hoped that banks would give loans to businessmen for real estate investments.
On his part, Meshal Al-Rajhi, member of the real estate committee in the Riyadh Chamber of Commerce and Industry, said that despite the rise in market indicator in 2003, 2004 and 2005, that did not affect the Saudi real estate business because it is the fastest growing market in the world.
