““The only clear result is the absolute and total deterioration of our architectural landscape: from the landmarks and way people live to maintenance and appreciation. Would you want to spend money on maintaining a building if you have an up-market villa that will bring in less than $100 a month in rent—the ceiling that was set in the 1950s and 1960s and is still enforced today? Take the Sidki building here in Zamalek, which has about forty apartments. Because of the rent controls, it brings in less than $200 a month. Can you seriously expect the owners to take proper care of it?””
