New Market Report Now Available: Furniture and Homewares Stores in Saudi Arabia
Saudi Arabia continued to suffer from a housing shortage at the end of the review period, with an estimated shortfall of around two million homes. The lack of clear mortgage legislation also resulted in many consumers struggling to obtain their own homes with waiting lists for dominant mortgage lender, government-owned REDF, being long. This constrained growth for furniture and homewares stores, with many households being multi-generational and overcrowded. The government began to invest...
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