{"id":634915,"date":"2018-01-29T04:11:36","date_gmt":"2018-01-29T04:11:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/"},"modified":"2018-01-29T04:11:36","modified_gmt":"2018-01-29T04:11:36","slug":"government-housing-could-be-beyond-means-of-most-egyptians-werr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/","title":{"rendered":"Government housing could be beyond means of most Egyptians -Werr"},"content":{"rendered":"<p><strong>Are government housing projects beyond the means of most Egyptians? <\/strong>New houses being built by the government are \u201care priced way beyond the means of most Egyptians and a good share of them will remain unsold,\u201d analysts tell Patrick Werr. It is not clear how easily the country will be able to absorb the influx of new houses, Werr writes <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1PB4EQ\">for Reuters<\/a>. Real estate agencies tell Werr that the typical high-end buyer has been hurt by economic slowdowns since 2011.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are government housing projects beyond the means of most Egyptians? New houses being built by the government are \u201care priced way beyond the means of most Egyptians and a good share of them will remain unsold,\u201d analysts tell Patrick Werr. It is not clear how easily the country will be able to absorb the influx [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634915","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c1ba897a-cfe5-4761-b6cb-173ea61762eb","order":"0","is_powered_by":true,"section_story_id":"6b8e6601-ae55-4f4f-addf-65351dbd207b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634903],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Government housing could be beyond means of most Egyptians -Werr - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government housing could be beyond means of most Egyptians -Werr\" \/>\n<meta property=\"og:description\" content=\"Are government housing projects beyond the means of most Egyptians? New houses being built by the government are \u201care priced way beyond the means of most Egyptians and a good share of them will remain unsold,\u201d analysts tell Patrick Werr. It is not clear how easily the country will be able to absorb the influx [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-29T04:11:36+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government housing could be beyond means of most Egyptians -Werr\",\"datePublished\":\"2018-01-29T04:11:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/government-housing-could-be-beyond-means-of-most-egyptians-werr\/\",\"name\":\"Government housing could be beyond means of most Egyptians -Werr - 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We have not seen a positive impact from the reform measures undertaken yet because the economy is in transition and companies are re-adjusting. Werr\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648843,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/rencap-says-egypt-is-a-haven-trade-werr-says-state-of-emergency-could-slow-recovery-down\/","url_meta":{"origin":634915,"position":1},"title":"Rencap says Egypt is a haven trade, Werr says state of emergency could slow recovery down","author":"enterpriseam admin","date":"13 April 2017","format":false,"excerpt":"Renaissance Capital says investing in Egypt is an emerging market safe-haven trade, Global Chief Economist Charles Robertson told Bloomberg TV. Egypt is one of the places that provide \u201cidiosyncratic opportunities,\u201d he says, despite the terrorist attacks. \u201cIt\u2019s high yield and it\u2019s got a cheap currency,\u201d Robertson adds. 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He echoes a similar sentiment to Aton Resources\u2019 CEO Mark Campbell, who wrote for us last week urging EMRA\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648019,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/raising-rates-was-the-right-decision-werr\/","url_meta":{"origin":634915,"position":3},"title":"Raising rates was the right decision -Werr","author":"enterpriseam admin","date":"25 May 2017","format":false,"excerpt":"Raising interest rates was \u201cabsolutely the right decision, and it was long overdue,\u201d Patrick Werr writes in The National. He says inflation before the price shock that followed the EGP flotation was already high, placing the blame on the \u201crapid expansion of the money supply over the past few years.\u201d\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648556,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/egyptian-economy-to-soon-take-off-werr\/","url_meta":{"origin":634915,"position":4},"title":"Egyptian economy to soon \u201ctake off\u201d -Werr","author":"enterpriseam admin","date":"6 April 2017","format":false,"excerpt":"The Egyptian economy looks like it will soon take off, veteran finance writer Patrick Werr writes in The National. 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