Egypt's government proposes 3 housing options for old rent law tenants
Minister of Housing Sherif al-Sherbiny, presented these choices during the House of Representatives' general session on Wednesday.
According to the minister, the proposed alternative housing options include:
Subsidized rent based on household income.
Rent-to-own schemes over a period of 20 to 30 years.
Apartments available through real estate financing.
Al-Sherbiny added that the ministry will provide units under the subsidized rent system, for low-income individuals, and even luxurious finished units.
These provisions will be tailored to each request and social status, ensuring the seven-year transition period is sufficient for the completion and delivery of these units.
A long running issue
The Egyptian Parliament back in May 2024 had worked to legislate a new law on old rent contracts in an effort to resolve the old rent crisis.
Legislators have placed great importance to resolving the crisis and finding better ways to coordinate the relationship between the property owner and the tenant – done by taking into account the commitment to the rights of all without putting pressure on one party at the expense of the other.
The first steps of the House of Representatives were to conduct a census of the apartments in Egypt that fall under the umbrella of old rent apartments.
In April 2025, the government submitted a bill to amend a law concerning old rents to the House of Representatives, aiming to address the long-running crisis impacting the lives of millions, both tenants and landlords.
This came after an official announcement by Prime Minister Mostafa Madbouly during a press conference held after the weekly cabinet meeting, stressing that the new amendments will take into account all social dimensions and achieve fair balance between the two parties in the rental relationship.
Among the most prominent features of the new draft law is the setting of a new rental value for housing subject to the old rent law, whether in cities or villages, with a transitional period of no less than five years.
During this period, rental values will gradually increase, taking into account the social and economic dimensions of the population.
Edited translation from Al-Masry Al-Youm
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