Egypt census reveals old rental system's scale, low rents

A recent census revealed over 1.3 million families in Egypt live in properties under the old rental system, impacting approximately 6 million people. The 2017 census found over 3 million rental units under the old system, representing about 7% of Egypt's total housing stock. Most of these families, 82%, reside in urban areas within Cairo, Giza, Alexandria, and Qalyubia governorates. Monthly rent payments are low, with 36% of families paying less than 50 Egyptian pounds. Only a tiny fraction pay 900 pounds or more.