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A A Athe current rental systems are
a – The old law { constant value , un limited period ] and although it is proper from the legal status and correct from religious status it has been failed because it is not suitable as a relation forever .
b – The law which define rental agreement for a limited period and secondly the contract will be done at the end of contract .
therefore , I submit my thoughts to solve housing problem briefly as follow :-
a – To prepare special record to each housing unit including the names of owners and renters and the numbers refers to the code of city ,area ,district ,street , building and flat number .
b- The ministry of housing proceed economical research to estimate now average value rental of square meter [ m2] to the housing unit and then this value is equivalent in material from weight unites for three supply merchandise [ for example if rent of square meter [2] two Egyptian pound [ l .e] it is equivalent in material price / kilo of rice or half kilo of beans or kilo of sugar or rice becomes the value of the square meter continuously ( named the real estate rental pound) in the condition that the ministry of housing will prepare on 1/1 & 1/7 yearly a notice to the value of real estate rental pound .
c- The rental value to the housing units equal multiply flat area by advertised real estate rental pound value .
d- Rent contract for the first period will be for five years and renewed yearly automatically unless if is in two cases the owner wants to sell the flat and (the renter should have the priority of purchase ) or if one of the sons age reached 21 years and interested to marry .
rent is only for exception and the increment in rental value when renew rent contract is void and usury.
the rent is compensating contract , the definition of rent
It is a social malfunction, economic damage and an illegitimate exception. It is a shame for any government to consider rent is housing solution to the housing problem,the housing unit to the tenant is shellter.
So you’re suggesting that rent is only a function of the size of the property, so regardless of what condition it’s in you pay the same amount ?
That’s a recipe for a race to the bottom.
Try again.
yes , rent is not function or job , it acceptable for temporary only , the rental value must be the same
if I rent to you apartment ,the rental value 100$ monthly for dwell it
the question , why can I take more than 100$ monthly at renew the contract >
in my working paper I suggest a new rent formula achieves fair relation
If the government apply my suggestion
1- the papers of housing ,dimension, there debt on it or not
will be known through certificate from registratin office.
2- the rental value
it will not increases as the owner wishes because it will change according to real estate rental pound ( no pricing)
example:-
I rent apartment from you by 100$ monthly and real estate rental pound equales(4$ ) at that time then the rental value is (25) real estate rental pound for period of staying
assume real estate rental pound reaches(6$ ) the rental value will be 150 $ monthly
if real estate rental pound reaches( 1 $) the rental value will be 25$ monthly
3- rent period
the first period (5) years you can not expell me , then after this period you can expell me in two cases:-
a- you wants to sell the apartment.( I have the priotyto buy)
b – one of your sons wants to marry
thanks for sharing nice information about rent formula, make bathroom good with shower enclosures
thanks , I intend to buy a one in my new apaartment , I choosed ” fairy series DF”
THANK you for you adivice but by a way my rent foumal part from my solution for housing problem , and I invited my times to conference in UK, MOB. NUMBER ( 00201003656233).
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I want to spread my working paper to the , any goverment want a free copy , please ask your embassy incairo phone me to give him a copy to send to her government , my working paper is the best working paper to mankind in recent time without burdens on the government, my mobile number 00201003656233 or make discussion with any one throught social media