Displaced: The surge in rent prices in Lebanon continues
The prices of furnished apartments have sometimes quadrupled in certain areas, while those of unfurnished ones have also seen a significant increase, though less dramatic.
OLJ / Fouad Gemayel, Muntasser Abdallah & Sarah Abdallah,
07 October 2024 12:37
An elderly woman walks among the rubble of buildings destroyed by Israeli strikes, on Oct. 1, 2024, in the southern suburbs of Beirut. (Photo: Mohammad Yassine)
After having already been forced to flee their home in Naqoura to take refuge in Sour six months ago, Hady* and his family were again compelled this week to join the over one million of their compatriots displaced by the intensifying Israeli bombings."We wanted to rent a place in Saida, but the rents were between $1,000 and $2,000 a month, even $3,000 in some cases, not counting the cost of living. I can't afford it," explained the government employee, whose monthly salary is about LL 22 million ($250). "Fortunately, we were able to stay again with relatives, this time in Aley (Chouf)," he said.But not everyone is that lucky. While the exponential rise in the number of displaced people over the past two weeks has largely sparked a wave of solidarity among the population — often filling in for the absence of state support — it has also...
After having already been forced to flee their home in Naqoura to take refuge in Sour six months ago, Hady* and his family were again compelled this week to join the over one million of their compatriots displaced by the intensifying Israeli bombings."We wanted to rent a place in Saida, but the rents were between $1,000 and $2,000 a month, even $3,000 in some cases, not counting the cost of living. I can't afford it," explained the government employee, whose monthly salary is about LL 22 million ($250). "Fortunately, we were able to stay again with relatives, this time in Aley (Chouf)," he said.But not everyone is that lucky. While the exponential rise in the number of displaced people over the past two weeks has largely sparked a wave of solidarity among the population — often filling in for the absence of state support — it has...
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