As House Prices Rise, Iraqis Find They Can't Go Home Again

Home For now: Abdul Ahmed al-Habeeb (l.) has tea with his children in a storefront that he converted. He doesn't want to return to his rural home because his brothers were killed there. Tom A. Peter/The Christian Science Monitor

From The Christian Science Monitor:

Many who sold at rock-bottom prices as they fled violence are now priced out of their old neighborhoods.

Baghdad - The improved security situation in Iraq isn't unmitigated good news for Mahmoud Jasim Mohamed.

Mr. Mohamed once lived in a family-friendly neighborhood, the Baghdad equivalent of New York's Brooklyn Heights. "My family didn't think we would ever leave," he says, noting the excellent schools.

But after the US-led invasion, his Sunni neighbor began threatening Mr. Mohamed, a Shiite. When the neighbor killed four of Mohamed's cousins, Mohamed and his family fled, selling his home of more than 20 years for $126,000 – just half its market rate.

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