60 percent of Saudis cannot afford to buy home

The Arabian Business website reports:

Up to 60 percent of Saudis are unable to own their own homes and heads of nearly 35,000 Saudi families earn less than SR2,000 ($533) a month, it has been claimed.

Mufleh Al-Qahtani, president of the National Society of Human Rights (NHSR), made the comments after signing a memorandum of understanding with the Saudi Establishment for Education and Training (SEET), aimed at providing education and training to members of needy families.

He said NSHR had received complaints from many people about businesses denying them jobs despite having the necessary qualifications.

“When we investigated the reasons behind this, we found that the standard of training they received was poor while their educational qualifications were insufficient,” he said in comments published by Arab News on Friday.

The government has allocated SR10 billion to build low-cost housing in different parts of the country to meet the needs of the poor but Qahtani said the kingdom lacked regulations encouraging social service initiatives by individuals and organisations.

He said it was more important to provide education and training to change the situation of the poor rather than direct financial assistance.

Prince Abdullah bin Faisal bin Turki, chairman of SEET, said his organisation has been supporting nearly 12,000 young men and women, by providing them with scholarships in association with educational and training institutions in the country.

“We are trying to alleviate the suffering of certain needy families and individuals in terms of human rights and administrative procedures,” he said.