Million housing units to be built in Iraq

[aszone]

March 24, 2010 - 04:12:56

BAGHDAD / Aswat al-Iraq: The National Investment Commission will build one million housing units all over the country to be sold on an installment plan, the head of the commission said on Wednesday.

[Deacon B]

I guess that we need to look into this further. See which companies are contracted to do the building and find the interstructure items that they will specify and invest in those companies that will furnish the items for re-sale or in the distribution of those items. Just a thought....

[lost one]

did anybody catch that the housing units will be sold for 50,000 or 59 million dinar. that's approx. 1000 dinar to the dollar. that means. no change in the price for a dinar.

[#1husker]

We have extra houses in US can we ship some to them?

[bigdinar]

yes---no change in value --just a lop

[Photochic]

I am so tired of all the conflicting info. I might as well just buy a ticket for the rollers coaster ride in California Adventure Park at Disneyland.

[HINK]

i think that this is very positive...after years and years of war.... the government believe that a million Iraqis have the cash on hand to buy a home...with a $20,000 deposit ....

[Danneedsrvnow]

i think that this is very positive...after years and years of war.... the government believe that a million Iraqis have the cash on hand to buy a home...with a $20,000 deposit ....

$20,000 deposit........eh?

[tampa1000]

They know an RV is coming that's why everyone can pay $20,000 USD deposit!!! How else could that many people come up with that kind of money in a country like Iraq!

[ghaggerty]

Has 25% of 50,000 ever been 20,000? 12,500 is no small amount either....

[HINK]

You are quite right...$12,500

[wess144]

Maybe we should all our unemployed over there since we here in the US do not seem

to care about Jobs!!! Working In Iraq would be a great way to build up your Dinar

inventory while you wait for the RV.

[rider2]

They did the same in Saudi. Most of those units are now empty... They were large complex units and the nomads just didn't like living on top of each other.