Friday, Aug 15, 2008

House prices double in 6 months!

Guardian.co.uk: Basra: It's absolutely booming!

House prices have doubled in a matter of months. Restaurants are opening alongside the waterside corniche by the Shatt al-Arab waterway. Oil-rich Kuwaitis are beginning to move in, and trade at the port is booming. This is the rosy picture painted by the British. Could Basra see the next BTL boom?

Posted by davidg @ 02:15 PM (310 views) Add Comment

1 Comment

1. paul said...

I bet it's just exploding out there - a hotbed of fired up frantic activity.

People will be falling over themselves to get a roof over their heads at any cost.

etc.

Friday, August 15, 2008 05:05PM Report Comment
 

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