Beirut for the Rich Only: An Average of $1m for a Residential Apartment | Al Akhbar English
►http://english.al-akhbar.com/content/beirut-rich-only-average-1m-residential-apartment
The city’s native population can no longer afford to live in it. Their income levels are very far from meeting the minimum standard of living in Beirut. The rentier system in Lebanon kicked out its original residents with mid-level income or less, turning it into a center for the filthy rich, those who benefit from the rents to increase their wealth. And this is how the system works in Lebanon.
