Anything is possible,
It is hard for us due to us not taking interest, you would have to be earning a lot of money to buy outright. To go into mortgage is basically selling your soul.
Impossible to enter the market without help from relatives, people get loans from parents and grandparents
I think if less young people can afford housing then prices must fall in a couple of decades because young people have given up saving for a property that keeps rising every moment
In my opinion its better to invest in houses back home thats What Im doing
Mercury
It’s a good idea to invest in houses and commercial properties back home and I would’ve invested in areas where there is relatively peace and doesn’t require foreign troops to maintain the peace.
Is a contract written in somalia even worth the paper its written on?
Who enforces it?
Banker
People mostly invest in their clan-enclave and their tribal leaders aka regional governments enforce the contracts.
So when the clan enclaves are eventually broken down, who will own what? They can literally write contracts to themselves for any property.
Banker
How is it broken? I kind of know what you mean, but could you clarify it for me. Basra ayaa ii heestay and I became slow.
What's stopping a clan elder from drawing up contracts saying all the land in his fiefdom belongs to him?
Since he is the authority that enforces them
Do you have land in hargeisa,i always considered berbera a beach house or shekh the green there manshallahIn my opinion its better to invest in houses back home thats What Im doing
Its not really my land its my uncles since he has no use for it hes giving it to me its located in HargeisaDo you have land in hargeisa,i always considered berbera a beach house or shekh the green there manshallah
I dont know much about clan elders and what they can do but I dont think they can do thatBanker
Will your clan elder do something like that? I thought there were norms among the clan members that couldn’t be crossed. Let’s hear from @Mercury
You can sell before a crash happens.. there are early indicators.
Also, paying someone else's mortgage is a bullshit statement.
i think it has alot to do with interest and riba. mostly like its harder for muslim to own any property in the west but is it really worth its ?
I own land in Bosnia, or my father does, more precisely. But that will be passed on to me and my brother.
There is a large demand for refugee-free areas and more and more Western Europeans will want to move there. Same thing goes for all Eastern Europe.
Imagine, untouched nature, refugee-free and with lots of healthy food. Heaven for them and they will be ready to spend serious money for that kind of life quality.
Ka-Ching!
How can a fatwa make something halal,thats bullshit maybe next a fatwa will be proclaim making shirk or homosexuality halalA fatwa has been proclaimed regarding loans with interest rate for Muslims in the West, making it permissible.
But refugees are too cheap, they'd rather live off welfare.