Businessmen complain about high rents and the greed of renters in Mocha

English - Tuesday 14 January 2020 الساعة 03:42 pm
aden,newsyemen

Businessmen in the city of Mocha complained that the owners had increased the rents of the shops with the start of the new year by more than 150 percent.

In a complaint, the traders demanded the establishment of a real estate office that would regulate the relationship between the lessor and the lessee, so that the increase in rents did not exceed reasonable limits.

The real estate sector in Mocha bears the burden of the continuous escalation in the number of small merchants coming from other regions to a city that was not until recently a popular destination for investment.

Mokha has become a center for the headquarters of a number of humanitarian organizations, and a center for attracting a number of businessmen who fled from the militia control areas, especially from the Al-Barh Junction, which was considered a major commercial gathering center for a number of directorates, which contributed to the unprecedented rise in the rents of shops and apartments.

The rent of the apartment initially rose from 10 thousand riyals in 2018 to about 50 thousand riyals, but in 2019 and early this year it is witnessing the second wave of rise, as the apartment rent reached 150 thousand riyals.

Some small merchants denounced the rise in the rentals of shops in a way that contradicts the progressive increase.

Ryan Hizam said that he rented a shop for two years at about forty thousand riyals, but the owner of the property told him a year before the end of the contract period that he wanted to raise the monthly rents at the beginning of this year to 150 thousand riyals.

Hizam demanded that a real estate office be opened to regulate the relationship between the landlord and the tenant, so that no one of them is unfair.

He attributed the reason for the rise to financial offers made by other merchants who wish to open commercial stores by paying higher amounts for store owners, which are essentially rented.

A businessman who runs a mobile phone shop said that unjustified raising of the rent harms the reputation of Mocha, as a city that includes all those fleeing the militias and those looking for a new commercial destination.

He added that the insane rise in rents makes Mocha a repelling city and threatens commercial life with the movement of businessmen to other cities

The director of the Directorate, Abdul Rahim Al-Fateh, and the leader of the National Resistance, Brigadier General Tariq Saleh, called for controlling the movement of rent rents through establishing a real estate office or finding a law that prevents the arbitrary raising of rents.



Some businessmen threatened to announce an open strike if they did not respond to their demands to put an end to the illegal increase in the rentals of shops.