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Moroccans are very generous with their culture especially with their land. As we heard from our entrepreneur farmer he rents plots by his farm to expand for $300 per year. This is an insanely low prices for land. It makes some sense that you could get the land for very cheap when there is nothing their and the plot does not have much value. Although I think this could create a potential fault line in the future for our farmer. 

If the farmer rents the land for $300 when the plot is relatively worthless everyone is happy. Although after years of fixing the land and turning it into a beautiful lively garden the land owner may not be so happy anymore. Their land will now be worth significantly more. I could see a potential problem if the owner was to come back and demand a higher price, and if the farmer was not willing to pay that new higher price they would most likely be able to take the farm because at the end of the day it is their land. 

All in all, I think the generous culture is admirable. Although, if this market were to have a triggering event and turn into something of great value in the future, a lot of company killing issues could arise.  

In addition, I feel that this is an issue that is going to continue to escalate. I say this because the real estate market in Morocco is on a decline. Thus, money will be getting tighter for the average person and people are going to need to make quick money any way that they can. https://www.globalpropertyguide.com/Middle-East/Morocco/Price-History




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  2. Addition, I feel that this is an issue that is going to continue to escalate. I say this because the real estate market in Morocco is on a decline. Thus, money will be getting tighter for the average person and people are going to need to make quick money any way that they can. https://www.globalpropertyguide.com/Middle-East/Morocco/Price-History

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