Why you shouldn't sell during a bear market - Xamar

[BlackVelvet]

Some people are now crying foul saying they got paid too little. They want the people who bought the houses to top up the amount to meet the current market value of the property

[Basra-]

Seriously? BB are u "Actually" discussing Real Estate in stinky decrepitude Xamar?

[BlackVelvet]

When a house in stinky decrepitude Xamar is worth $2 million it's worth discussing


Basra if you were to go back to Somalia/land, where would you want to live? (excluding Cilmi Bodari's old house)

[Basra-]

I want a hilly--English Country type land. I don't know where in Somalia I will find this--given Somalia is mostly Saharan desert--but I hear Lascaanood has potential!

[DR-YALAXOOW]

Basra this is a mogadishu

[STARKAST]

Caynabo has more potential ! Pure dhulbahante your constituency

[DR-YALAXOOW]

mogadishu

[DR-YALAXOOW]

this house in xamar costs 200 000 dollars

[BlackVelvet]

^^ Why oh why oh why would someone build a house that looks like that and then paint it that colour? Painful to look at


Basra you should so move to Cornwall, England.

[GIJaamac]

What im really afraid is, if plot values dont go down, majority of today's youth wont afford to buy any plots in Xamar. Even the border districts in Mogadishu like Hurwaa, average vinti per vinti (20*20) plot is selling 30,000 $. So you can imagine how expensive plots are in the center districs. The government must do something about it. Allow umuuruha sahal !

[Titanium]

My dad told me he built a home blocks away from Bakara Market for only $10,000 when he was 19 years old.

Xiinow, everyone wants to be close to the center. People have to fine with moving up east. If they want to be near water, they should be fine moving south and north. They can make markets in their areas and develop these areas. 90% of Banaadir is empty.

Huriwaa for 30K plots is insane. These prices will go down.

[Osob101]

No one actually wants to live in the center of the city atleast those with Money don't. Most of those want to live near the water or a major road conjunction.

[Murax]

Osob,


Are there any areas in Xamar that are like a Green Zone or Compound type areas?

[Osob101]

Osob,


Are there any areas in Xamar that are like a Green Zone or Compound type areas?

Yes there are some exclusive areas that are home to some high profile people and thus have heavy security.

[Turbulence]

Everything in Somalia is overpriced. Mogadishu is probably the worst.