This refers to the article, ‘Why governments fail’ (September 19) by Dr A Q Khan. I was surprised to read the note at the end – “Expatriates have been scared away from investing in real estate in Pakistan due to our taxation policies”. Evidently, this is something he knows nothing about. Due to the new taxation policies, property prices have actually fallen by more than 30 percent, which should be very attractive to expatriates.
If the writer cares to read more on the subject, he will discover that investors and speculators had caused property prices to go through the roof, and the common man was finding it impossible to buy a plot or apartment at such high prices. My advice to the writer is to write only on what he is familiar with.
Shakir Lakhani
Karachi
Despite our rich natural heritage, Pakistan is facing a severe environmental crisis. Deforestation, pollution and...
Almost every Pakistani has condemned the inhumane attack on the Jaffar Express train in Balochistan and praised the...
Snatching incidents have been a persistent issue in Karachi. In the first two months of 2025, Karachi reported 2,806...
Pakistan’s ongoing gas shortage has exposed the urgent need to rediscover and invest in natural resources. For...
US President Donald Trump has reportedly sent a letter to Iran setting a two-month deadline for a new nuclear deal....
I would like to draw the attention of Pakistan Post to the fact that, over the years, the cost of sending a letter, or...