Elections and the creation of a new Iraqi interim government appear to have stabilized the market and sent prices higher. Property has started to change hands. The economy is picking up. Exiles are coming back.See this also.
Workers troop in and out of al-Difaie's office with stacks of home-sale documents to sign. "Iraq is a rich country," he says, looking up from a pile of paper on his desk. Bank loans are becoming available, but at least half the buyers use cash, he says.
"We must be ready to dare all for our country. For history does not long entrust the care of freedom to the weak or the timid. We must acquire proficiency in defense and display stamina in purpose." - President Eisenhower, First Inaugural Address
Monday, April 18, 2005
Housing prices soaring in post-Saddam Baghdad
More tipping point news: Housing prices soaring in post-Saddam Baghdad
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