Regime change: Sudan like situation in Mogadishu,Somalia.

DRACO

VIP
When living costs outweigh income citizens begin to fight for Regime change. Sudanese people fought back when they could no longer afford simple foods like bread.
If N&N are chased out of mogadishu their legitimacy will be lost. I suspect N&N will try relocate to Baidoa.
 
The rental prices are inflated because there is no means of storing wealth in Somalia except land. The land value is inflated, causing inflated rents--I think a lot of these properties are empty. Also the whole NGO/foreign presence distorts the local economy.
 
Real estate won't lead to uprising, most people in Somalia own property and only the diaspora rent (and they can afford those costs). The rebellion starts when food becomes unaffordable.

Rent prices boomed in Khartoum during the early 2000s, partially because of Ethiopian workers cramming in apartments (which meant landlords could charge higher costs) and also due to foreign investment in real estate as wealthy Qataris were willing to pay a lot for land, especially if it's along the Nile then develop it to high density communities.


The solution to inflated rent prices is to demolish all these bungalows/small villas across Mogadishu and turn them into apartments. This is becoming the norm in Khartoum and this is the same development path that Cairo took - once wealthy villa neighborhoods turn into crowded lower/middle class neighborhoods while the rich move to quiet suburbs in the outskirts.
 

wawenka

Guul Ama Geeri
Real estate won't lead to uprising, most people in Somalia own property and only the diaspora rent (and they can afford those costs). The rebellion starts when food becomes unaffordable.

Rent prices boomed in Khartoum during the early 2000s, partially because of Ethiopian workers cramming in apartments (which meant landlords could charge higher costs) and also due to foreign investment in real estate as wealthy Qataris were willing to pay a lot for land, especially if it's along the Nile then develop it to high density communities.


The solution to inflated rent prices is to demolish all these bungalows/small villas across Mogadishu and turn them into apartments. This is becoming the norm in Khartoum and this is the same development path that Cairo took - once wealthy villa neighborhoods turn into crowded lower/middle class neighborhoods while the rich move to quiet suburbs in the outskirts.
How is a family of 8-10 persons goin to live in a apartment there is a reason for why Somalis only live in villas
 
How is a family of 8-10 persons goin to live in a apartment there is a reason for why Somalis only live in villas
Apartments can have many bedrooms and bathrooms, they don't have to be small. The main point is that people live vertically so that more services are in walking distance and the city isn't sprawled. If everyone lived in a villa and the population keeps booming then the city will be too spread out and require massive highways just to get people to basic markets and hospitals.
 

wawenka

Guul Ama Geeri
Apartments can have many bedrooms and bathrooms, they don't have to be small. The main point is that people live vertically so that more services are in walking distance and the city isn't sprawled. If everyone lived in a villa and the population keeps booming then the city will be too spread out and require massive highways just to get people to basic markets and hospitals.
We don't have the necessary know-how in maintaining apartment blocks weather its the watersystems electricity or what have you.We lack in every type of technological advancement
 

Tukraq

VIP
mogadishu isn't Sudan there richer and can afford it, if you can't move out the line as there are several behind you willing to pay even more, supply and demand simple
 

Tukraq

VIP
also where are you bringing government here? we are a free market economy not a state owned dictatorship like Sudan, apples to oranges, in mogadishu the customers create the prices due to demand not the state
 
We don't have the necessary know-how in maintaining apartment blocks weather its the watersystems electricity or what have you.We lack in every type of technological advancement
Sudan was the same in the early 2000s, you can start with basic 3 story apartments and progress from that.

also where are you bringing government here? we are a free market economy not a state owned dictatorship like Sudan, apples to oranges, in mogadishu the customers create the prices due to demand not the state
Um Sudan is a free market economy... Even with sanctions until 2017 and a recently overthrown dictatorship the country has plenty of successful multi-billion dollar companies and conglomerates.
 

Tukraq

VIP
Sudan was the same in the early 2000s, you can start with basic 3 story apartments and progress from that.


Um Sudan is a free market economy... Even with sanctions until 2017 and a recently overthrown dictatorship the country has plenty of successful multi-billion dollar companies and conglomerates.
A couple of billionaire business men won’t raise house or rent prices you need a richer populace
 
A couple of billionaire business men won’t raise house or rent prices you need a richer populace
I never said that?... Anyways these same conglomerates employ hundreds of thousands of people, the bulk of them being engineers with high salaries (relative to cost of living) so in some ways they do lead to higher rent due to rising income.
 
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