The spread of commercial stores and its impact on the increase in real estate prices in the Yarmouk neighborhood in 2023 (A special study on the Four Streets)

Abstract

 Any change in the components of the urban fabric must be consistent with what was determined in the land uses of the city and the Yarmouk neighborhood is one of the neighborhoods west of Baghdad has suffered, like other neighborhoods of the city of Baghdad, from the loss of the ability to control land uses, especially after the change that occurred after 2003, which was at the political, economic and social level accompanied by security instability, which led to the difficulty of maintaining the urban system and order. The improvement of the living and economic standard of the population and the security conditions have pushed to increase the population and thus increase the demand for housing units in the neighborhood, resulting in an increase in demand for various services, including commercial services, especially for ambitious young groups that did not have opportunities for employment and central work in the government sector, which prompted them to work in private businesses. This led to an increase in demand for shops in the neighborhood, especially in the 4-street area, Al-Shawaf Mosque Street and Al-Dakhiliya Street, especially since the neighborhood was originally a residential area and not a commercial area, and this means that there is a deficit in commercial use within the neighborhood, which led to the overtaking in the construction of shops and commercial institutions within these streets, and these abuses were often carried out under government cover for retailers and investment of real estate units in the neighborhood, especially in the streets mentioned. Not only that, but the poor economic and political conditions in some neighboring countries of Iraq, especially Syria, prompted the Syrian investments, traders and labor to various regions of Iraq, including Baghdad and the 4-street area in particular. Thus, the neighborhood began to change the uses of the land in it and turn from residential use to commercial use under the door of real estate speculation Especially in the four-street area within the neighborhood, whether it is sale or rent, which generated effects on the area in general and the streets mentioned, which were represented by the significant rise in land prices and real estate in it crazily, and based on this problem, the 4-street area within the Yarmouk neighborhood was chosen as a case study in order to identify the nature of the change taking place in it and the factors that stood behind this change and its effects in this area .