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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    An economist for "Al-Iqtisad News": The real estate market in Iraq is living in a bubble stage

    Rocky
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    An economist for "Al-Iqtisad News": The real estate market in Iraq is living in a bubble stage Empty An economist for "Al-Iqtisad News": The real estate market in Iraq is living in a bubble stage

    Post by Rocky Tue 07 Feb 2023, 5:05 am

    An economist for "Al-Iqtisad News": The real estate market in Iraq is living in a bubble stage

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    Economy News - Baghdad
    The economist, Nabil Ali Al-Tamimi, confirmed that the real estate market in Iraq is currently living in a bubble period, and it may explode at any moment.
    Al-Tamimi told Al-Iqtisad News that real estate prices have risen in Iraq, very dramatically, and he is in the bubble phase that may burst at any moment and lead to a decline in prices.
    He added that the rise was due to several factors, including money laundering, bank loans that were pumped into it, and the increase in the monetary mass exported.
    He continued that real estate is a profitable business, so most people, when you collect money, think of buying real estate and not setting up a new project in the sectors of industry, agriculture and services.
    And real estate prices reached more than 15 thousand dollars per square meter in the capital, Baghdad.



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    Added 2023/02/07 - 11:35 AM
    Updated 2023/02/07 - 2:05 PM


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