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Labrish
Nyuuz
Zimbabwe Property Boom Leaves CBD Offices Deserted
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[QUOTE="Munyaradzi Mafaro, post: 37801, member: 636"] Zimbabwe's real estate grows as investors find ways around market problems. Tourists see new hotels in places like Victoria Falls, where visitors want to stay. Downtown offices sit empty because workers hate traffic jams and broken elevators. Rich neighborhoods are filled with gated communities where people feel safe. Builders add solar panels and water systems that save resources. Landlords collect rent in US dollars but pay their bills using local money. Pension groups buy buildings instead of stocks to keep value during hard times. Builders work on many projects across the country despite the material costs. Shopping areas need the right stores to make enough money for the owners. Old city buildings wait for new ideas as businesses move to quieter areas. [/QUOTE]
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Zimbabwe Property Boom Leaves CBD Offices Deserted
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