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Original, the post graduate should knoworiginal dervish wrote:by higher transaction cost, i think he means it will be more expensive for the over bureaucratic public sector to carry out a project, as compared to the leaner more efficient private sector.
Come on. We are primary school leavers and have no say in this highly sophisticated issue! 
Ok. Mr. Post graduate of Finance.Executive wrote:Less time browsering Google books for stuff to post on snet, more time on engaging your brain in the discussions and you will be fine
original dervish wrote:by higher transaction cost, i think he means it will be more expensive for the over bureaucratic public sector to carry out a project, as compared to the leaner more efficient private sector.
Holly Molly! Is that a post graduate answer?Executive wrote:original dervish wrote:by higher transaction cost, i think he means it will be more expensive for the over bureaucratic public sector to carry out a project, as compared to the leaner more efficient private sector.
We are talking about a private investor (mudugawi). There is no extensive transactions costs involved as a private investor going to Somalia.
Hey one of my dad's houses is there and he was offered $2 million in DecemberPrinceDaadi wrote:I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.
A decent Vila in Bulla Hubey area was changing hands in abt 50k.
But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.
Yes, better than randomly regurgitating introductory text books, trust me no one is impressed.Lamgoodle wrote:Holly Molly! Is that a post graduate answer?Executive wrote:
We are talking about a private investor (mudugawi). There is no extensive transactions costs involved as a private investor going to Somalia.
You must have graduated from the University of " bluff" to give that answer
Seriously, do you know what transaction costs are?
FAH1223 wrote:Hey one of my dad's houses is there and he was offered $2 million in DecemberPrinceDaadi wrote:I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.
A decent Vila in Bulla Hubey area was changing hands in abt 50k.
But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.
Bubble bust on its way. It is like the somali currency; its value against the dollar and other currencies reflect the cost of printing.PrinceDaadi wrote:I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.
A decent Vila in Bulla Hubey area was changing hands in abt 50k.
But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.
FAH1223 wrote: Hey one of my dad's houses is there and he was offered $2 million in December
I know this lady bought a place for $250,000 and fixed it up, and was offered $2million few years later apparently.
