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How many of you are property owners ?

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Adali
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How many of you are property owners ?

Postby Adali » Sun Aug 17, 2014 2:46 pm

I am talking about properties outside of Somalia/Somaliland(f-king political correctness Aye :lol: ), I allow Africa too.

So at the moment, I own jack shit, but I am eyeing a few cribs, I am wondering how many young Somalis like myself own properties, our parents generations is probably 20-30% and that is being generous.

But hopefully more second generation Somalis will own their homes, it will be interesting to see what happens.

If you don't own a property, what are you plans in terms of time-frame, or are you not interested in being a home owner outsider of your father land ?

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Casanova25
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Re: How many of you are property owners ?

Postby Casanova25 » Sun Aug 17, 2014 2:53 pm

Many somalis I know had the money to buy properties in my area but nothing is guaranteed in those foreign countries.. so they chose to not invest in properties.

But I know alot of somalis who own there own properties in EAU, or Saudi arabia

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DisplacedDiraac
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Re: How many of you are property owners ?

Postby DisplacedDiraac » Sun Aug 17, 2014 3:03 pm

I co-own a property.. I didn't pay for it though, got it through inheritance.

I doubt I would buy property in this country though.. its just too expensive nowadays.
Always wanted to own a holiday home though.

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Amira143
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Re: How many of you are property owners ?

Postby Amira143 » Sun Aug 17, 2014 3:04 pm

Jack shit too due currently slaving away to buy my hoyo our family home between five of us It shouldn't be too long inshAllah. after that I would love to buy a property witch I would let as a student accommodation while I kick back in hargsia. That is my future plan in a nut shell.

Interesting topic though. :)

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Re: How many of you are property owners ?

Postby Basra- » Sun Aug 17, 2014 3:04 pm

I am talking about properties outside of Somalia/Somaliland(f-king political correctness Aye :lol: ), I allow Africa too.

So at the moment, I own jack shit, but I am eyeing a few cribs, I am wondering how many young Somalis like myself own properties, our parents generations is probably 20-30% and that is being generous.

But hopefully more second generation Somalis will own their homes, it will be interesting to see what happens.

If you don't own a property, what are you plans in terms of time-frame, or are you not interested in being a home owner outsider of your father land ?
Whats the point of owning a home when u have no one to share it with Adali??? Your dilemma is accepting yourself. U have taken care of your financial dilemma. :dj:

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visious
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Re: How many of you are property owners ?

Postby visious » Sun Aug 17, 2014 3:08 pm

cheapest home in st. Cloud was $320,000 I remember :wow: no thank you

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Adali
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Re: How many of you are property owners ?

Postby Adali » Sun Aug 17, 2014 3:15 pm

I am talking about properties outside of Somalia/Somaliland(f-king political correctness Aye :lol: ), I allow Africa too.

So at the moment, I own jack shit, but I am eyeing a few cribs, I am wondering how many young Somalis like myself own properties, our parents generations is probably 20-30% and that is being generous.

But hopefully more second generation Somalis will own their homes, it will be interesting to see what happens.

If you don't own a property, what are you plans in terms of time-frame, or are you not interested in being a home owner outsider of your father land ?
Whats the point of owning a home when u have no one to share it with Adali??? Your dilemma is accepting yourself. U have taken care of your financial dilemma. :dj:
Acquiring a property is a form of security.

Besides investing in the future isn't bad, it could save you money which would otherwise go towards rent, partial letting until you bring home the misses.

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Adali
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Re: How many of you are property owners ?

Postby Adali » Sun Aug 17, 2014 3:25 pm

I co-own a property.. I didn't pay for it though, got it through inheritance.

I doubt I would buy property in this country though.. its just too expensive nowadays.
Always wanted to own a holiday home though.
Look into Egypt Cairo, it's incredibly cheap and even cheaper just outside of the city.

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Basra-
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Re: How many of you are property owners ?

Postby Basra- » Sun Aug 17, 2014 3:27 pm

I am talking about properties outside of Somalia/Somaliland(f-king political correctness Aye :lol: ), I allow Africa too.

So at the moment, I own jack shit, but I am eyeing a few cribs, I am wondering how many young Somalis like myself own properties, our parents generations is probably 20-30% and that is being generous.

But hopefully more second generation Somalis will own their homes, it will be interesting to see what happens.

If you don't own a property, what are you plans in terms of time-frame, or are you not interested in being a home owner outsider of your father land ?
Whats the point of owning a home when u have no one to share it with Adali??? Your dilemma is accepting yourself. U have taken care of your financial dilemma. :dj:
Acquiring a property is a form of security.

Besides investing in the future isn't bad, it could save you money which would otherwise go towards rent, partial letting until you bring home the misses.

Adali

Good luck then! :clap:

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DisplacedDiraac
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Re: How many of you are property owners ?

Postby DisplacedDiraac » Sun Aug 17, 2014 4:11 pm

I co-own a property.. I didn't pay for it though, got it through inheritance.

I doubt I would buy property in this country though.. its just too expensive nowadays.
Always wanted to own a holiday home though.
Look into Egypt Cairo, it's incredibly cheap and even cheaper just outside of the city.
I hate Egypt and don't care for them... I've had bad experiences with them!

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Re: How many of you are property owners ?

Postby SayyidUmar » Sun Aug 17, 2014 6:01 pm

For the clueless hards they will buy from North America or Western Europe, which are ridiculously expensive and for that reason most will fall into the western death trap 'debt trap' and will finance the property through various mortgages, loans, and re-morgages.

Best places to invest Istanbul Turkey, Cairo Egypt, and Dubai UAE. Btw, always pay in cash 8-)

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Re: How many of you are property owners ?

Postby Octavius » Sun Aug 17, 2014 6:11 pm

^ There are several halal/affordable ways to finance a home purchase.

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Methylamine
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Re: How many of you are property owners ?

Postby Methylamine » Sun Aug 17, 2014 6:18 pm

My parents own their house. The upside is that if you maintain it well, the value will just rise like bread. They're planning on selling it after we all get married and taking their money with them to the motherland :up:

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Re: How many of you are property owners ?

Postby Lillaahiya » Sun Aug 17, 2014 6:20 pm

Through inheritance yeah. InshaAllah I own a piece of land in Hargeysa by the time I'm 30 :up:

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Methylamine
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Re: How many of you are property owners ?

Postby Methylamine » Sun Aug 17, 2014 6:23 pm

Through inheritance yeah. InshaAllah I own a piece of land in Hargeysa by the time I'm 30 :up:
So you're looking to buy land next year? I can get you a sweet deal on some jagos in Dumbuluq if you like, though you might need to stay strapped during the signing process :steviej:


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