The necessity of moving the project into implementation as a tool to support adequate housing and stimulate the economy.
This formula particularly targets people able to pay monthly installments but unable to secure the down payment required to buy an apartment, or who do not meet the conditions for obtaining a housing loan. Thus, it provides a middle path between traditional rent and direct purchase.
Rent-to-own combines benefiting from the housing unit and the possibility of owning it later, through a contract that sets from the outset the price, payment terms, and exercise of the purchase option.
The article discusses the rent-to-own concept as one of the options proposed to address Lebanon's housing crisis, allowing the beneficiary to reside in a home and count part of the…