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Housing Committee call for 50% rent reduction for Pokhra’s landlords

The Housing Committee has asked landlords to reduce housing rents by 25 to 50 percent.

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POKHARA: Pokhara landlord have been asked to reduce the house rent by 50 percent.

The Housing Committee has asked landlords to reduce housing rents by 25 to 50 percent.

Due to economic recession and high interest rates of banks, the economy is in crisis and there is no money to pay the rent at this time, so it is requested to reduce the rent. ‘There is an economic recession. The bank has not stopped charging interest. From where to pay the rent when the business is down?,’ said the chair of the committee, Kamal Prasad Neupane, ‘No one should die at such a time. We have to find a way out so that the landlords don’t suffer any loss and the tenants don’t suffer too.’

According to the committee, shutters are currently becoming vacant as a result of the economic downturn, and it would be more suitable to rent them for less than to preserve empty shutters.

According to Neupane, if the house rent does not reduce, half of the businesspeople will leave and dlee.

Although the committee has not paid the house rent on time, it has asked the businessmen to understand the current situation and not to force them to vacate the house.

Earlier, City Rewan published a statement calling for a reduction in house rent.

However, the landlords claim that they are unable to reduce it as they built the house with a bank loan.