Kabul house prices take a tumble
Assortment of reasons including spurt in violence has drastically cut real estate prices in Afghan capital.
Published On 19 Jan 2012
The war in Afghanistan brought many foreigners to the country – through aid agencies and NGOs..
The influx pushed up property prices in the capital, but now, the bubble has burst.
A series of high-profile attacks in the city, announcements of troop drawdowns and a smaller amount of international aid money have caused some house prices to fall by as much as 40 per cent.
Al Jazeera’s Jennifer Glasse reports from Kabul.