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Saudi Arabia's government has launched a new scheme to provide housing aid to its citizens, in the hope of ending a shortage of homes which has depressed living standards and is politically sensitive for the government.Saudi families seeking assistance, in the form of state-subsidized home loans or subsidized sales of land or housing units, are being given two months to register on a website. The applications will be considered for three months and the ministry will then announce who is eligible for aid.Khaled al-Rubaish, a real estate analyst, said the new scheme could help ease the housing problem by creating a clear, universally applicable mechanism for families to obtain aid.
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