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The Real Estate Price Quandary: Issues and Way forward

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  • Ahmed Waqar Qasim

    (Pakistan Institute of Development Economics)

Abstract

PIDE (RAPID) Reform Agenda for Accelerated and Sustained Growth (2021) argues that the real estate market of Pakistan is both inefficient and poorly structured. Large information gaps exist in the properties supplied, demanded, bids and offers, and the contract prices. This generates suspicions and claims of real estate parking illegal or black money. Government instead of structuring the market has set up artificial administered prices�the DC rate and the FBR rate�further contaminating the information gaps and issues in the market.

Suggested Citation

  • Ahmed Waqar Qasim, 2022. "The Real Estate Price Quandary: Issues and Way forward," PIDE Knowledge Brief 2022:72, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:kbrief:2022:72
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    File URL: https://file.pide.org.pk/uploads/kb-072-the-real-estate-price-quandary-issues-and-way-forward.pdf
    File Function: First Version, 2022
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    Cited by:

    1. Pide, 2023. "Pakistan: One Year Growth Strategy (Policy)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 62(2), pages 265-280.
    2. Nadeem Ul Haque & Saddam Hussein, 2024. "Manifestoes without Substance (Policy)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 63(1), pages 101-110.

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