2014-04-24
Today from Hiiraan Online:  _
Mogadishu property boom stirs concern


Sunday, October 14, 2012


The property market in the Somali capital, Mogadishu, has boomed since the government pushed out al-Shabab fighters.

The most peaceful period in the city in over two decades has brought thousands of Somali expatriates back to their homeland.

But with speculators hoping to turn a profit behind most of the investments in new properties, prices are skyrocketing while hundreds of thousands of internally displaced, only kilometres away, live in poverty.

Al Jazeera's Nazanine Moshiri reports from Mogadishu.





Post your comments