Landlords demonstrate in support of the new rent law in Beirut, Wednesday, May 7, 2014. (The Daily Star/Mohammad Azakir)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
A committee of landlords Saturday denounced a planned protest against a law that will raise rental costs for thousands of apartment dwellers in Lebanon.The news conference comes a day after tenants called on Parliament to revoke a 2014 rent law that they say has resulted in forced evictions and unfair rental cost increases.These tenants pay minimal rent fees that often amount to less than LL1,000,000 ($663) a year and are protected from rent hikes. The new law will see their rent rise incrementally over the next six years until it reaches 5 percent of the home's value, and also gives landlords the right to take back the property after nine years without paying tenants compensation.
FOLLOW THIS ARTICLE