Hot real estate markets

Parent Cafe
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<p><a href=“http://seattletimes.nwsource.com/html/iraq/2004153048_baghdad30.html[/url]”>http://seattletimes.nwsource.com/html/iraq/2004153048_baghdad30.html&lt;/a&gt;&lt;/p&gt;

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<p>Costa Rica?</p>

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<p>Good post Barons. There’s a direct correlation between property value and crime. When Giuliani reduced crime in New Your City, property values increased dramatically.</p>

<p>What’s interesting about Baghdad is that the people pay all-cash buy homes. If financing was available in their culture, affordability would increase, property values would increase, and their society’s wealth would increase.</p>

<p>I wonder what happened to all of Saddam’s palaces that didn’t get bombed. Developers could turn those into resorts or condos and make a fortune.</p>

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<p>Ah, I see. Baghdad. How long before we start seeing reality teevee shows like Property Ladder: Baghdad and Flip That Bazaar?</p>

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<p>Many conutries around the world including some pretty modern ones like Brazil have no or very small mortgage markets. I learned that when musing about buying some overseas real estate. Amazing. That’s why homes are passed down through families.</p>

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<p>Gotta love that gun on the wall!</p>

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<p>Something similar may be happening in Vietnam. </p>

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