Shop rents have been skyrocketing due to a severe shortage caused mainly by demolition of old buildings, and citizens are urging the government to intervene.
People say a law that was enforced in February 2008 to put caps of 10 to 15 percent on annual rent increases by property owners should be re-enacted.
House rents have been showing only marginal upward movement, so there are hardly any worries on that count at the moment, but the situation as regards shops is alarming, businessmen say.
In some cases, shop rents have been raised by the owners by 100 percent, and tenants who are petty traders have no option but to pay through the nose, a citizen said, asking not to be named.
Read more: http://thepeninsulaqatar.com/qatar/229656-govt-urged-to-act-as-shop-rents-shoot-up.html
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