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Addis Ababa real estate growth (photos)
Posted: Sun Oct 16, 2011 1:18 am
by Monk-of-Mogadishu
Re: Addis Ababa real estate growth (photos)
Posted: Sun Oct 16, 2011 1:22 am
by Twist

@ The Garowe of Ethiopia.
Monk, do you work for the Puntland ministry of propaganda? This is more than hobby or pastime, abti.
PS: Great photos anyway!

Re: Addis Ababa real estate growth (photos)
Posted: Sun Oct 16, 2011 2:14 am
by Oxidant
Another real estate bubble ready to burst
Most common Ethiopians cannot buy these houses and few rich wealthy Diaspora and government officials buy them. The prices are ridiculous and inflated, numerous builders in Ethiopia are dodgy and a lot of people have been scammed with no chance of their money being returned.
This is the reality for most Ethiopians
http://www.flickr.com/photos/selmancom/
Grinding poverty

Re: Addis Ababa real estate growth (photos)
Posted: Sun Oct 16, 2011 3:26 am
by Mondey
Melwes Zinawi is a very smart man, he keeps somalis busy killing themselfs while his country is catching up to the industrial and developed states.
Re: Addis Ababa real estate growth (photos)
Posted: Sun Oct 16, 2011 4:35 am
by Cirwaaq
Mondey wrote:Melwes Zinawi is a very smart man, he keeps somalis busy killing themselfs while his country is catching up to the industrial and developed states.
The people shape their Kings!
Re: Addis Ababa real estate growth (photos)
Posted: Sun Oct 16, 2011 5:03 am
by LiquidHYDROGEN
Cirwaaq wrote:Mondey wrote:Melwes Zinawi is a very smart man, he keeps somalis busy killing themselfs while his country is catching up to the industrial and developed states.
The people shape their Kings!
So true.
BTW, this is all an illusion and the real state of ethiopia is one of abject poverty. They rely on aid and the vast majority are unemployed.
Dumb xabashis are even selling their farmlands to foreigners, just to make a quick buck.
And I thought
somalis were always short-term thinking people.
