To all Al-Mutlaa residents, Be careful (1)

Before I start, I would like to congratulate those who received a plot in Al-Mutlaa City, in addition to those who will get a loan from the Credit Bank. After a long wait, does the citizen's dream become a reality or turn into an eternal nightmare? Frankly, I wish that every Kuwaiti family enjoyed a worthy home, but the Public Authority of Housing's welfare procedures’ do not follow this approach. Previously, plots were distributed in fake cities, and successive ministers at that time boasted about solving the housing problem by allocating thousands of plots in cities whose infrastructure had not yet begun. It is a barren desert or contains large amounts of construction waste and damaged tires. The citizen rejoiced in that housing allocation and remained without housing for many years. Then, under popular and parliamentary pressure and government effort, some of those areas were prepared, but such joy did not last long. The issue of obtaining a credit loan arose, which was partially resolved in the hearing before the motion of trust on the Minister of Defense by a deal to increase the bank's capital. What really matters more than what happened is what will happen. I do not want to cause any concern or worry to the citizen, but these are facts accompanied by advice, and I will use the city of Al-Mutlaa as an example. I remember when we were young and when we were traveling by car to Lebanon, the first border post was at Al-Mutlaa check point, and I don’t want any of you to wonder, as we used to stamp our passports at Al-Mutlaa check point and again at Al-Abdali check point, which means that we had two border check points... Why? So far, I don't know. Al-Mutlaa is an area of rocky terrain, and I do not understand the vision of the officials who decided to turn that area into a residential area and change the topography of the land. That city became a target and an easy passage for torrents, and we ask God to help its residents bear that. Other than this, the cost of construction, especially for those who want to build a basement, will be higher due to the difficulty of digging and lifting rocks, and this is only possible for those who have sufficient money for that. With regard to money, dear citizen, who is pleased with the government's decision to inject large amounts of liquidity into the credit bank, I would like to remind you that there are 12,000 plots in Al-Mutlaa and others that will be built in the near future. So, let us examine their impact in brief. Firstly, the demand for engineering offices will increase, and small offices will benefit from them. Some of the small offices are actually occupied by expatriates.Some of these offices are superficial and understudied, so the license is "half-assed," as our Egyptian friends call it.In addition to these bad licenses, their cost will double. Secondly, after finishing with the license, the role of contractors starts. The small contractors will be the biggest beneficiaries too, and many of them are also expatriates who rent licenses at a very low price from Kuwaiti citizens. Hence, demand for such products will increase, increasing their price along with their poor finishing. Between the license and the contractors, we will see frauds and swindles are not less than the real estate swindling series, and their signs have begun to appear; we will talk about them later on. Let's not forget the suppliers of construction materials, as we have two concerns with them. The first is the increase in the cost of importation, which is a global high. The second is that promotional additions matter due to the greed of some merchants. In parallel, the residency trade will rebound, increasing the demand for labor, and the demographics will worsen. I do not want anyone to believe that the government and the parliament can control the specter of imported or domestic inflation as a result of high liquidity and high labor costs. Dear Citizen, I have a question for you. Is your money enough to build a house? Let us leave the answer and the advice to a series of articles to come, some of which contain quotes from what was previously published.

stay safe.