#egypt real estate
Amid soaring inflation and a depreciating currency, Egyptians are increasingly turning to real estate as a strategic hedge. With inflation peaking at 32.5 percent in April 2024, a slight dip from 33.3 percent in March 2024 but still alarmingly high, investors are seeking stable assets to preserve their wealth. Real estate, traditionally seen as a reliable hedge against inflation, is witnessing a surge in activity as property values and rental incomes typically rise alongside inflation. The real estate market in…