This is one of the important points of the draft Strategy for Developing Housing until 2020 with a vision for 2030, which was devised and submitted to the Government by the Ministry of Construction.

The real estate credit fund will be used for investments in real estate, including housing. It aims to mobilize the idle capital held among people through the issuance of the fund certificates and to reduce current reliance on banks.

The Ministry of Construction hopes the fund will provide a new impetus for housing development.

However, the ministry also proposed measures to limit the risk of using real estate as a form of securities, by setting standards concerning human resources, capital sources, and reporting.

In addition, it highlighted the need to introduce a saving fund for housing as soon as possible to help low-income earners in need of houses.