With rents in the centre of Libya’s capital soaring as those displaced by fighting on its edge seek housing, 35-year-old IT engineer Moataz Saleh al-Fagih says he has been unable to find anything he can afford.
A wide buffer zone was created behind the front lines, from which most residents were evacuated. Many flooded into the centre of the city of three million and have remained there as the offensive stalled. Outside his office in the downtown Zawiyat al-Dahmani neighbourhood, dozens queuing to find a cheap apartment to rent were being turned away disappointed.
The purchase price for a two-bedroom apartment has more than tripled since 2014, Ben Mansour said, with some of the rise also down to Libyans based abroad taking advantage of cheap black market to invest.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH LIVE: Africa Investment Forum, 13 November 2019 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.[LIVE STREAM] AfricaInvestmentForum Day 3 | WATCH: sabcnews
Source: SABC News Online - 🏆 32. / 51 Read more »
Samwu denies bus driver strike - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Municipal Workers Union (Samwu) has denied that bus drivers working for the Tshwane Bus Service have embarked on a strike.
Source: SABC News Online - 🏆 32. / 51 Read more »
Unions give SAA strike notice - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Unions give SAA strike notice Two unions have given South African Airways (SAA) notice to go on strike.
Source: SABC News Online - 🏆 32. / 51 Read more »
Pitso shocked by Benni axing - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Pitso shocked by Benni axing Mamelodi Sundowns coach Pitso Mosimane says he is shocked at the axing of Benni McCarthy by Cape Town City, saying the former Bafana Bafana striker was an inspiration to all coaches in the country.
Source: SABC News Online - 🏆 32. / 51 Read more »
House prices are still in decline despite bigger and more loans in South Africa | IOL Business ReportHouse prices in South Africa have continued to drop even though the average percentage of the home price and the volume of ...
Source: IOL - 🏆 46. / 51 Read more »