Morocco MREs Trapped in Housing Scandal Since 2009

– bySaid A. · 2 min read
Morocco MREs Trapped in Housing Scandal Since 2009

Nearly 300 families, including MREs, have been waiting since 2009 for their affordable housing in Kenitra. Some reportedly invested their savings or took out loans without receiving an apartment or recovering their money.

The real estate dream has turned into a long wait for nearly 300 families in Kenitra. Since 2009, they have been waiting for the delivery of affordable housing for which they have already paid money.

On Bladi.net : Broken Dreams and Empty Homes: Moroccan Families Left in Limbo by Stalled Housing Project

Among those affected are Moroccans living abroad who came to invest their savings in a home in Morocco. Some buyers even resorted to loans to finance the purchase of an apartment that was never handed over to them.

The case was brought back to Parliament by deputy Loubna Sghiri, from the Progress and Socialism group. In a written question addressed to the minister of Land Planning, Urban Planning, Housing and City Policy, she asks what measures will be taken to protect the affected families.

Blocked savings and disillusioned MREs

According to the deputy, the affected families have already used several administrative and legal channels without obtaining a solution. They now find themselves without housing and without reimbursement, despite the sums invested for nearly 17 years.

The matter goes beyond the Kenitra case alone. It raises the question of buyer protection in affordable housing projects, a sector that benefited for years from tax and legal advantages to encourage investment.

Loubna Sghiri calls on the government to find a solution for this project and for other blocked real estate operations. She also asks whether a mechanism or special fund could be created to handle cases of projects in difficulty and guarantee the rights of buyers.

On Bladi.net : Morocco Housing Scandal: Cooperative Projects Collapse, Members Demand Refunds

For the MREs involved, the damage is twofold. They wanted to invest in Morocco and secure property for their family, but find themselves caught in a case that has lasted since 2009. A situation that undermines confidence in affordable housing programs and real estate investment in the Kingdom.