Mogadishu property boom stirs concern

Prices skyrocket in newly peaceful Somali capital while refugees continue to live in poverty.

    The property market in the Somali capital, Mogadishu, has boomed since the government pushed out al-Shabab fighters.

    The most peaceful period in the city in over two decades has brought thousands of Somali expatriates back to their homeland.

    But with speculators hoping to turn a profit behind most of the investments in new properties, prices are skyrocketing while hundreds of thousands of internally displaced, only kilometres away, live in poverty.

    Al Jazeera's Nazanine Moshiri reports from Mogadishu.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    Heron Gate mass eviction: 'We never expected this in Canada'

    Hundreds face mass eviction in Canada's capital

    About 150 homes in one of Ottawa's most diverse and affordable communities are expected to be torn down in coming months

    I remember the day … I designed the Nigerian flag

    I remember the day … I designed the Nigerian flag

    In 1959, a year before Nigeria's independence, a 23-year-old student helped colour the country's identity.