Owning a home is a dream that is increasingly slipping out
of reach for Morocco’s middle class. Housing prices have risen faster than
incomes, mortgage interest rates remain high, and the cost of everyday living
continues to increase. As a result, many people are backing away from plans to
buy a home.
In the first quarter of this year, property transactions in
the country fell 40.2 percent. Despite this, home prices remain high in major
cities and areas with strong demand. As a result, al...