Thursday, September 13, 2012

Afghan puppets of occupation preparet to flee

"Afghan buyers spent 220 million dirhams ($60.7 million) on property in Dubai in the first six months of this year, a 27 percent increase compared with the same period in 2011, according to Dubai government data obtained by Reuters. Some are spending up to 20 million dirhams on shopping sprees for multiple villas, while many buy million-dollar homes in cash, dealers say.  The growth outpaced a 21 percent rise in total property transactions in Dubai by both local and foreign investors in the same period. The interest was driven in part by a steep decline in prices in the Emirate's once white-hot property market.  The figures will make troubling reading for Western allies struggling to convince an uneasy Afghan population the transition will not be a prelude to international abandonment or an escalation in fighting with the Taliban.  Haji Obaidullah Sader Khail, chairman of the Afghan-Dubai Business Council, said the true scale of Afghan investment could be four times higher than the data suggests because many transactions may not have been registered." (thanks Dina)