30 cents for a Cairo apartment with a view? Egypt says no more as it ends old rent law that froze rents and allowed them to be passed down in perpetuity
Posted by Used-Earth8767
30 cents for a Cairo apartment with a view? Egypt says no more as it ends old rent law that froze rents and allowed them to be passed down in perpetuity
Posted by Used-Earth8767
2 Comments
[https://archive.is/dAbwm](https://archive.is/dAbwm)
“The fortunate tenant inherited the lease from his grandfather, established under the so-called “old rent” rule, which fixes the amount and allows it to be passed down through generations. He does not even live there. Residing in Bahrain, he benefits from a law that guarantees Egyptian expatriates the right to keep a home in Egypt should they wish to return.”
“The video of an elderly woman from a modest background went viral on Egyptian social media in early 2025. She said she had always supported President el-Sissi, despite “the hardships, the pain, and the humiliation,” but that if he signed this law, it would be the end of their “shared journey.”
The worst system I’ve ever heard of holy fuck. Millions of egyptians’ inheritance was a passed down lease lmao. Sharing as this sub discusses rent control, and i thought this was the most egregious example
this is like geuine entail they just recreated quasi feudal entail with this
like im reading a bunch about the aristocracy so im not like spouting off, but and like this is just feudalism like just herditary land passed down it even has fucking absteee landlords