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The city of Al-Asharah in the eastern countryside of Deir Ezzor has recently witnessed an unprecedented rise in commercial shop and property rental prices, causing concern among traders and shop owners in the area.
This increase has led to significant hardship for shop owners, who now face difficulty covering rental costs that have risen dramatically.
In an exclusive interview with Deir Ezzor 24 Network, “Abu Muhammad,” one of the shop owners in the city, explained that the annual rent for his shop before the area’s liberation did not exceed 5 million Syrian pounds. However, after stability returned to the region, the rent rose sharply and now reaches 50 million pounds per year, creating a major financial burden on him.
For his part, “Mousa Al-Awwad,” a young trader in the city, stated that the rent of his commercial shop suddenly increased from 400,000 Syrian pounds to one and a half million pounds in just six months. He emphasized that this steep rise does not match the weak buying and selling activity in the markets, which does not generate enough income to cover such costs.
In this context, Al-Awwad and many traders in the city are calling on the relevant authorities to intervene and standardize rental pricing in a way that aligns with the current economic situation and market conditions. They stressed that continuing in this direction could lead to the closure of many commercial shops, especially since most owners cannot bear the growing financial burdens.
The question remains as to whether local authorities will be able to control these prices and find practical solutions to ease the burden on traders, especially amid the deteriorating economic conditions in the region.
