Monday, May 15, 2006

80 billion for a house!

IHT: Zimbabweans ask, who can afford houses?

You think we have it bad - The asking price on one advertisement is 80 billion Zimbabwe dollars, or about $800,000 on the official market and $372,000 at black market rates.

Analysts say housing prices are another sign of Zimbabwe's upside-down economy and a currency that is losing its value faster than any other on earth.

Posted by GiveMetheData @ 10:43 PM (640 views)
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