English | دری

30% decline in houses and land prices in Balkh

in Afghan Business

30% decline in houses and land prices in Balkh

balkhResidents and property dealers have expressed concerns about the aftermath of 2014.

According to them, as the deadline for the withdrawal of foreign troops from Afghanistan draws closer, there is likely that property prices decline drastically.

Property dealers said that prices of land and houses have declined by 30% in Mazar-e-Sharif, Balkh’s capital city.

They added that foreigners have also stopped renting houses, as their projects have been completed.

“The main reason for this drop in prices is the approach of 2014. People fear the aftermath of 2014. Most foreign offices are shutting down in the city upon the completion of their projects. They are no longer coming to us for renting houses. Foreign aid is winding down as well.”

As tens of thousands of American troops prepare to withdraw from Afghanistan in time for the 2014 deadline set by the White House, fears of economic uncertainty and political instability have overshadowed Afghans’ life.



Related Articles

Takhar revenue increases by 47mn AFN

Standing at 197mn AFN, the revenue of Takhar province has increased by 47mn AFN last Afghan calendar year (1391) that

No region in Afghanistan would be without a school by 2014

Ministry of Education said that by 2014 all Afghan children, who have met the admission requirements, would be enrolled in

Rightsize military, World Bank asks Kabul

The World Bank (WB) has urged Afghanistan, which is preparing for a sustainable economy after 2014 when foreign troops are

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.