School tc

posted by aisha

i heard that this year also lots of schools have issued Tc.Is this correct.

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Posted On 3/16/2017 5:42:43 AM by Humanist

.....Also thousands of Indians have left Kuwait for good and thousands of new families have entered Kuwait.

Dont pin your hopes on drastic fall in demand supply to bring house - rents down to your desired level.

Posted On 3/18/2017 9:55:21 PM by DynA

@aisha, you are correct. Most of the schools including carmel where the demand was really high have many seats vacant.

@Humanist, moron you open your eyes and look around. The rent has already dropped in many areas of Kuwait except Abbasiya. In places like Salmiya, Mangaf, Abu Haleefa see most buildings with "Flat for Rent" board hanging.

Posted On 3/19/2017 12:00:05 AM by Jolly Roger

Every year it happens

Posted On 3/19/2017 1:45:28 AM by Humanist

@Dyna : Calm down. one fine day, all schools will get empty, thousands of TC will be issued and every building will have rent adverts hanged, rents will come down to 50 kd per month. now open your eyes and look around (good morning to reality). Rents have come down surely by 10 - 15 kd, not to the level forever whining Indians want ! Some to many Rent Adverts remain hanged after flats have gone.

TCs are being issued and it can logically have various ball park reasons.

People changing schools,
Education over,
better opportunity in another country,
More schools popping up
Loss of job
rising expenses

combined all above reasons will not deter rents drastically unless (god forbid) country hits political and social instability.

Good Luck with your armchair sadistic anticipation of families leaving in hordes due to some mass hysteria of rising expenses that will bring some sort of economic apocalypse turning kuwait into empty land while you will be spared to enjoy decreased rent.

Posted On 3/19/2017 3:25:20 AM by parent

Well said Humanist

Posted On 3/19/2017 4:29:31 AM by AJ

In Salmiya Block 10, I can see "Flats for Rent" board on every building.. But rents have not changed. They are still demanding same... Most of them are even asking for Key Money..

Posted On 3/19/2017 6:41:04 AM by LAL

MOH new couples are taking the flats @ high rent blindly.

Posted On 3/20/2017 6:03:55 AM by Landlord

@ Humanist,

This so called Dyna and Aisha just come and cry here. First of all you gave the perfect answer.

Don't know from where type of people come to IIK and try to relieve their frustration about rent coming down and all this stories.

Flat for rent is not a new thing. Even if one 1 bedroom flat is vacant they start putting the banner flat for rent just because the rent is high.

And when they know no body will be there maximum they will come down for KD 5.

And seeing this our fellow guys will want to just create some hype and cry.

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