Two essential elements in the architectural design of any dwelling across human cultures and civil societies throughout the ages provide protection from external factors, a private sanctuary for its occupants, and other important benefits: the exterior fence and the interior courtyard (al-hawsh).
From a certain perspective, there are many similarities between the Kuwaiti house and the Thai white elephant.
The white elephant is a rare species. Therefore, in the ancient kingdom of Siam (Thailand), it was considered a sacred animal with high religious, moral, and material value. However, the king gifting such an elephant to someone could be the worst thing to … Read the rest
Since the issuance of Law No. 74 of 1979 regarding the regulation of non-Kuwaitis’ ownership of real estate, it has been amended three times, the last being two days ago. Foreigners (resident Arabs) own about 19 properties according to available sources.
The most prominent aspect of the recent amendment pushes the Arab owner, husband of a Kuwaiti woman, … Read the rest
Perhaps the billionaire’s complaint about high interest rates sums up the whole matter. Monsters devouring each other.
In a report published yesterday by Al-Jarida newspaper, Sawiris complains about the situation and criticizes … Read the rest
If the government claims it doesn’t intervene in private housing real estate prices based on the principles of “owner’s freedom to manage their property” and “market freedom” in setting prices according to supply and demand, it has free measures that can significantly limit the astronomical prices affecting Kuwaiti … Read the rest
Excessive rents suffocate both society and the economy.
How?
After completing a property construction, there is no new product.
True, real estate, whether land or building, is very important, but its social and economic importance is similar to the importance of building foundations that support everything above it: productive people, industrial and production tools, display and storage locations, … Read the rest
