Are prices out of control?
Are we now in a renters market?
It was a mixed bag of responses on Nightline.
There was a lot of response to the CEO of Avanti Holding.
The general response is that Dubai seems set to ride out this storm, maybe becasue of the extent of government involvement.
The Dubai Municipality ordered the crackdown on villas housing more than one family to prevent unhygienic practices and traffic bottlenecks (photo: Wikipedia)
Families of expatriate workers, including Filipinos, often resort to living with other families inside a house to cut on the cost of lodging in the oil-rich state.
The Dubai Municipality’s Building Inspection Department has warned residents of villas with more than one family that their water and electricity supply would be cut off immediately.
According to the report, the practice has become a lucrative business for many landlords in Dubai as well as original tenants who decided to partition the villas into one-bedroom units and open it up for rent.
The Municipality had earlier issued a ban on bachelors and single women sharing the same villas.
Omar Mohammed Abdul Rahman, Head of the Building Inspection Section said the move was made to address the health, safety and hygiene problems caused by cramped living quarters.
Rahman added that with several families living under a single house, the area becomes cramped with cars which would result to “major traffic disturbances." -GMANews.TV
