Why don’t rich Somali buy homes in Somalia instead of Kenya?

[A Mean Guy]

Last time I visited Muqdisho, I saw several luxury estates where mostly diaspora Somalis live. Those estates even have supermarkets with American/European imported products.

 

[maraq lafo]

Last time I visited Muqdisho, I saw several luxury estates where mostly diaspora Somalis live. Those estates even have supermarkets with American/European imported products.

That's very sad.... Gated communities.... Import stuff from outside.... They should invest in the local community

 

[Step a side]

Yes western diasporas by it but also remember lots of somali now make money in south sudan kenya uganda south africa they buy lots property.

I heard buying 1 boos iyo guri in hawlwadaag goes for 750k on average. Is it true?

 

[galhareeri]

I heard buying 1 boos iyo guri in hawlwadaag goes for 750k on average. Is it true?

Bro i dont know if it central area of bakara market but also airport area is expensive.
But other parts is like 85-100k someone just told me last week who is in xamar

 

[Step a side]

Bro i dont know if it central area of bakara market but also airport area is expensive.
But other parts is like 85-100k someone just told me last week who is in xamar

100k is reasonable especially Hodan and Waaberi for example.

 

[Celery]

If somalia wants rich diaspora somalis to infest in real estate back home then they need to provide regulatory bodies along with rule of law and security. Key aspects lacking in the current nation.

This won’t happen because the people causing problems have friends in the government.

 

[Hotchick12]

Bro i dont know if it central area of bakara market but also airport area is expensive.
But other parts is like 85-100k someone just told me last week who is in xamar

That’s just land, which is quite expensive, the same land size is 5k not in Mogadishu

 

[galhareeri]

That’s just land, which is quite expensive, the same land size is 5k not in Mogadishu

Bro xamar us capital city and densely populated 3milion and more bro

 

[Zkr]

I visited xamar 2 yrs ago and from what i gathered

- you gotta understand how shabaab operates in xamar is different from the south, they have to be lowkey, but they still have a influence in some spheres, like real estate

-the real estate market is growing, theres a sizeable amount of professional diaspora somalis that rent in xamar and might have a small business there, working online, or kick up. The buildings in mogadishu are getting populated theyre not just for show

-with respect to buying and selling property, since shabaabs network in xamar is anonymous, and somalis love chatting, they know when a big sale (100,000k+) is going down and a representative will call the buyer and tax them , with implied threat of violence

That doesn't happen anymore.

 

[Bazed]

This won’t happen because the people causing problems have friends in the government.

Well they'll continue to suffer till they sort their shit out. Sometimes suffering can pull people out of their own stupidity. While Somalis in Kenya and Tanzania flourish, those in the homeland will continue to suffer till they learn.

 

[CABDULWALI XASAN.]

100k is reasonable especially Hodan and Waaberi for example.

100k for somalia realestate is downright insane

 

[Step a side]

100k for somalia realestate is downright insane

Certain districts within the capital are insanely expensive. 100k is nothing in those districts. We are looking at 500k and above.

 

[galhareeri]

100k for somalia realestate is downright insane

Its not somalia wah it xamar .
Walhi citaal hooyo mataalo are funy.
Its al about demand and suply that determines the price it has nothing else

 

[Zkr]

Certain districts within the capital are insanely expensive. 100k is nothing in those districts. We are looking at 500k and above.

Everywhere is expensive. Even in Suuq Bacaad you're looking at 150k+.

 

[Step a side]

Everywhere is expensive. Even in Suuq Bacaad you're looking at 150k+.

True, most of Xamar is expensive. Certain districts are just a bit more expensive due to being located in the centre.

 

[DubatDiaries]

Nairobi is seen as a neutral metropolis where all Somalis can live and invest in with some degree of peace/security
From what I’ve seen, people usually build a house or two in Nairobi and their hometown in Somalia

 

[cow]

people buy and build nice houses all over somalia

this is baladxaawo gedo somalia





this is hargeysa somalia

 

[Celery]

Well they'll continue to suffer till they sort their shit out. Sometimes suffering can pull people out of their own stupidity. While Somalis in Kenya and Tanzania flourish, those in the homeland will continue to suffer till they learn.

It’s not just their shit. It’s our shit. We need a diaspora coup that installs a diaspora dictator to mandate halal Burger King and McDonald at every corner.

 

[maraq lafo]

It’s not just their shit. It’s our shit. We need a diaspora coup that installs a diaspora dictator to mandate halal Burger King and McDonald at every corner.