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RE: LeoThread 2025-01-10 07:20

in LeoFinance12 hours ago

Part 8/11:

For the capital's development to be genuinely successful, it hinges on attracting a population that can afford to live there. Yet, with the Egyptian currency’s depreciation and soaring inflation, many potential residents may find housing prices—starting at around $80,000—prohibitive. Data shows that the average household income in urban areas stands at just over $2,600, indicating a disjunction between the economic realities of ordinary Egyptians and the lofty lifestyle envisaged for the new city.