In Iraq, le frodi contribuiscono a far schizzare i prezzi degli immobili (fonte: Al Monitor)

January 4, 2023

Laure AL KHOURY and Salam FARAJ

Iraqi telecommunications worker Youssef Ahmed is married with a five-year-old son, but lives with his parents because he is unable to afford his own home amid soaring property prices.

“Even if your income increases, it will never be up to the exorbitant prices of houses or land”, said 29-year-old Ahmed, who earns a “comfortable” monthly salary of $1,000, double the national average.

In oil-rich but corruption plagued Iraq, real estate has become a popular way to launder money, including stolen public funds.

In Iraq, graft helps push property prices out of reach – Al-Monitor: Independent, trusted coverage of the Middle East

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

In Iraq, le frodi contribuiscono a far schizzare i prezzi degli immobili (fonte: Al Monitor)

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