Increase in House Rent Allowance has pushed up rental housing demand

Previously, the government of Pakistan announced a 50 percent increase in the house rent of the employees. It is expected that the house rent will be further increased through House Rent Allowance Bill 2019. It has increased the rental payment power of public sector employees. This is why rental houses are in more demand these days.

Increase in house rent allowance gives additional capacity to the people for improving their living and lifestyle. Reports from different regions of Pakistan show that people are in rush to search for better and more spacious rental houses.

Another Social Survey Report reveals the fact that Pakistan’s population is increasing at a constant rate. Simultaneously, the joint-family culture is drawing its last breath. Hence, the urbanization is increasing too. This is another reason behind incremental demand of rental houses in Pakistan.

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