Investing in Somalia

[mudugawi]

A short term failure or long term success. Share your views?

[AgentOfChaos]

Actually it's both, the only way to have a better future is if this generation is willing endure the short term failures, and persevere so that the future generations can enjoy a long term success. Now if you will excuse me, my tea is getting cold.

[mudugawi]

I am seriously thinking in investing in real estate. Hope to buy a plot of Land in Shabeeloyinka or Jubooyinka inshalah. God knows the increase of value of land and house prices when peace comes inshalah. In Somalia investment in real estate agriculture, fishery and livestock are most profitable sectors to invest in. The lack of efficient infrastructure is a major obstacle. However Somalis are very innovative with minimal resources and can easily adapt to new strategies and eventually develop.

[mudugawi]

Actually it's both, the only way to have a better future is if this generation is willing endure the short term failures, and persevere so that the future generations can enjoy a long term success. Now if you will excuse me, my tea is getting cold.

True as MSB once said doonaa waa gaara, in order to reach for success you have to have a strong will and that usually comes with a heap of obstacles. Enjoy your tea Sir, thanks for your splendid input.

[Tuushi]

Many are doing it with mention of some successful ones.

I rather do that in an stable country.

[GeoSeven]

The price of real estate in Somalia will only rise, its not gonna start dropping any time soon so I think investing in Somalia would be good

[FAH1223]

Real estate is ridiculous. Fix up your house and rent it out for anywhere between 5k to 20k a month.

One of my awoowes just rented out a property he fixed up near the beach in Xamar. He got 6 months rent up front and is ballin

[original dervish]

there should be a ban on real estate speculation.
the priority must be for the population of xamar and environs, to have decent homes and good sanitation.
speculation will only lead to housing bubbles and make homes unaffordable to the majority of people.

[FAH1223]

there should be a ban on real estate speculation.
the priority must be for the population of xamar and environs, to have decent homes and good sanitation.
speculation will only lead to housing bubbles and make homes unaffordable to the majority of people.

For common folk, yeah housing is unaffordable. But thats cause of the few moguls who got cash and bought up so much land.

Xamar is going to turn into a place only the elite can afford.

[tightrope]

there should be a ban on real estate speculation.
the priority must be for the population of xamar and environs, to have decent homes and good sanitation.
speculation will only lead to housing bubbles and make homes unaffordable to the majority of people.

ITS SURVIVAL OF THE RICHEST.
ONCE PUNT-OIL MONEY COMES, PUNTLAND OIL SHEIKHS WILL BE THE ELITE OF SOUTHIESTAN

[original dervish]

the land must be taking into public ownership. at least temporarily, so there is sufficient land to meet the housing needs of the population.
its wrong to turn over the country to the rich and powerful, many of whom got rich off the war.

[tightrope]

the land must be taking into public ownership. at least temporarily, so there is sufficient land to meet the housing needs of the population.
its wrong to turn over the country to the rich and powerful, many of whom got rich off the war.

PUNTLANDERS WILL BE RICH OFF OF OIL AND USE THEIR MONEY TO TAKE OVER SOUTHIE PROPERTIES AND FARMLAND.

[original dervish]

I thought you were happy in your "oil rich" north east region.
now you wanna swoop down like a black crow, and pick the flesh off the bones of southerners.
let my people go woman!

[Lamagoodle]

Not a good move; weak institutions not good for investments. Yeah, sometimes there are returns on capital investment but there is a risk premium and higher opportunity/transcation costs.

[tightrope]

I thought you were happy in your "oil rich" north east region.
now you wanna swoop down like a black crow, and pick the flesh off the bones of southerners.
let my people go woman!

REMEMBER WHEN HARTI HAD KISMAYO ON LOCK
WITH OIL MONEY, IT CAN HAPPEN AGAIN