The housing bubble burst may have here in the United States, but the prices are higher in an unlikely location title: in the Gaza Strip.
Gaza, a little finger of the country, is home to 1.6 million people in just 140 square miles, about the size packaging Seattle sometimes known as the world's largest prison such as the city. While many in squalor living land is at a premium, and thus there is some choice properties, the surprisingly high prices, command, according to a report in the market place, the syndicated public radio show.
Reporter Reese Erlich found a three bedroom, two bathroom House, which was going for $900,000, listed are according to a real estate broker.
"You have a beautiful view over the Mediterranean Sea", said the broker, Essam Mortja. "The whole world wants property here." It is clean and safe. "It's the best quarter in Gaza."
The whole world, occur may, in addition to people uncomfortable with the possibility of Israeli bombardment or invasion, which regularly considered ongoing fight against what Palestinian extremism in the Jewish State.
An another businessman, before recent 1 million dollars for many in Gaza City for marketplace, said that real estate prices 20 percent in the past year gone.
But the report found that home ownership rate little more than a dream for most in Gaza, where the median income is $800 per year.
Related: Related: beachfront serenity for sale, $ 13.9 million
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