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As such, pursuing those current approaches
will never end up achieving an actual full-
scale development strategy, especially given
the difficulties hindering efficient utilization
of resources and maximizing returns.
Increases in Real-Estate and Land Prices do not
correspond to Free Economy Standards
9
Considering the financial and economic
mechanisms pursued within this region
and worldwide; their relatedness to
the plans and objectives of individual
economies is unfortunately unable to well
define or manage the negative impacts
resulting from existing market conditions.
The regional and global financial and
economic mechanisms are not tailored
to cope with the strengths and weakness
of the local economy. It is quite evident
now that current trends push the need
to necessitate applying micro rather than
macro holistic systems; this is because
some sectors operate following open
market systems, while others follow direct
governments, yet other sectors will follow
free ownership systems, while some
will follow public-private participation
systems etc. All systems operate
without arriving at a unified model that
guarantees achieving mid-to-long term
objectives under the umbrella of an overall
perspective suitable to potential, current
and future strategic plans of each country.
Mazaya Monthly Real Estate Report -
Week 3 - APRIL 2015