House Sale And Rent Prices Fall In Kabul
house sales and rents prices fall in kabul and the main reason shows the Widespread Migration
In the past month since the collapse of the former government on August 15, real estate prices and house rent has fallen drastically in Kabul
According to dealers, property sales have sharply fallen and rent prices have fallen by 50 percent.
The dealers said business has decreased dramatically as these days people are not buying houses because they either do not have enough money or are trying to leave the country.
Some houses, according to dealers, remain empty as renters have left the country.
according to a real state dealer he has been dealing real estate for the past 13 years and house rent prices have fallen by 50 percent.
“House rent prices have fallen approximately by 50 percent. If before this a house was rented for 20,000 Afs, now its rent is 10,000. The prices will fall further because people are migrating and are not interested in living in the country,” Yousuf said.
Shahrak-e Aria is a modern residential township in Kabul. Most of the residents of the township were employees of the former government and 50 percent of the residents have migrated out of the country or have left the township due to economic problems.
“Around 50 percent of the residents have left. Now almost half of the apartments are empty,” said Mohammad Mansoori, an official of the township.
Concerns over the poor economic situation raised by the people come as the United Nations and humanitarian organizations also are repeatedly warning over the worsening economic situation in Afghanistan.
Czech Businessmen Willing To Invest In Afghanistan
January 12, 2021 - 16:00Czech businessmen are keen to invest in more than 100 projects in Afghanistan and have submitted their investment plans to the Afghan gover...
Herat Farmers Criticize Saffron Price Reduction
January 18, 2021 - 13:03According to the Herat Department of Agriculture, saffron cultivation has increased in the province this year. Alt...
Advances In The Implementation Of The TAPI Project
January 18, 2021 - 13:45According to the Minister of Foreign Affairs of Turkmenistan: Some progress has been made in the implementation of the TAPI project and the...