Qatar to see sustained upward pressure on rents: Oxford Economics ...Qatar

Qatar, which stands out for the sharpest rise in housing inflation in the Gulf region, is slated to see sustained upward pressure on rentals in the coming months owing to FIFA World Cup, according to Oxford Economics. "We look for sustained upward pressure on rentals in Qatar in the coming months amid an upswing in activity related to the football World Cup later this year," Oxford Economics said in its latest research report. Rental prices will likewise firm in the rest of the GCC (Gulf Co-operation Council), spurred by higher demand from nationals and returning expatriate workers post-pandemic, it said. The robust outlook will support hiring across the region and draw in foreign workers,

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