An economist predicts "the collapse of real estate prices"

Dr. Wael al-Nahhas, the economic expert, predicts the collapse of real estate prices in Egypt during the coming period after the mad rally in prices.

In an intervention with "Saha Al-Noum" "The decline in demand for goods and real estate in Egypt is one of the reasons for the current inflation, and the high value of the collection tax at the end of the year is not indicative of the market movement in Egypt, In addition to the properties being created and whose prices have reached fictitious figures, it n & # 39; There will be no demand This will result in a sudden collapse of prices. "