Real Estate Consulting and Market studies
In the science fiction film ‘Men in Black’, secret agents erase people’s recent memories with a supernatural device. It seems we have similar men in Kuwait, but they wear black bishts and carry much more powerful devices. Kuwaiti ‘Men in Bisht’ erase the memory of generations and an entire country spanning years in an instant….
In the absence of effective government control over market prices, essential commodities, and the four factors of production—particularly land and real estate—properties become the most crucial driver and inhibitor of the economy and life, single-handedly breaking the currency’s purchasing power
When foreign companies see high selling prices against low value and services, along with legislative and logistical difficulties, they will likely resort to renting, perhaps in a hotel.
Most Kuwaitis eat sweets after finishing a heavy meal, thinking it will aid digestion. In reality, they want to build up their strategic fat reserves.
This is exactly how the government’s mentality appears when it borrows to address the deficit.
Traditional merchant talk from billionaire Naguib Sawiris; he pulls the fire towards himself even if others perish, including the state and the people who made him rich.
