What are home prices... in Iraq?

[DaveJ]

The reason I ask is... how much have we spent in Iraq so far? It's been at least $300 billion so far, but I've read it may surpass over $1 trillion.

There are 26 million people in Iraq. Considering only $300 billion spent, we could have bought each family of 4 a home for $46,000. My guess is homes cost a LOT less than that in American dollars. With the amount of money we've spent we could have built them all homes and schools and rebuilt a lot of their infrastructure without losing a single life.

[file83]

1. Instead of an Army of Soldiers, we should have sent in an Army of

Construction teams. Set up about 200 Home Depots and Lowes stores, and there's your plan for "keeping the peace".

[DaveJ]

2. Or something similar

$300 billion is $11k for every man woman and child in Iraq. There could have been many other routes toward achieving peace with that kind of money. Instead the best idea Neocons could come up with is "kill'em all."

[KalicoKitty]

4. $300 billion could sure pay for health insurance for American citizens.

:think:

[soothsayer]

3. I haven't found alot of listings but here's an expensive one

- New Executive House In Central Baghdad ( in / Bagdad / IRAQ )
Completion due end 2005. Located near Al-Mansur. Four Bedrooms all ensuite with WC for guests. Large kitvhen overlooking rear driveway. Marble&porcelain Floor.
For Sale / To Let: Al-Mamoun, Baghdad Asking Price: Sale Price 550,000 , To Let 55,000 / Annum Reception Rooms: 2 Category: House Bedrooms: 4 (ensuite) Location: Al-Mamoun, Baghdad, Iraq. Bathroom...
Price: 535000 American Dollars Rent Price: 50000 American Dollars - 55000 American Dollar

[soothsayer]

5. and are these rental prices? (in different districts)

I give you estemated pricese:
Al Mansour - Al Amerat $1000 to $1300
Al Mansour - Al Dawoody $600 near railways line to $1000 near 14 Ramadhan street
Al Jamia $400 to $500
Al Yarmouk $400 to $500
Al Khadhraa $400 to $500
Al Harthiya $600 to $700

http://www.iraqdirectory.com/forums/forum_posts.asp?TID=20

[soothsayer]

6. Appear to be a lot of homeless iraqis (not surprisingly I guess)

2005 article

The main reason for terrible living conditions for thousands of Iraqis is that many houses have been destroyed over years of conflict in the country.
<snip>

“This number may shock the international humanitarian organisations but it’s the reality of Iraq now,” D’lemi said. “Our government is working hard to reverse this statistic, but we need very large investment.”

He added that the number could be much higher than their records suggest, since many homeless people have not been registered due to the prevailing insecurity in Iraq.

At a conference held in Jordan in November 2004 by the United Nations Human Settlements Programme, known as UN-Habitat, and Iraqi government officials it was stated that Iraq needed 1.5 million new homes to cover needs, confirming the vast scale of the problem, but lack of funds has delayed the process.
<snip>
much more here
http://www.irinnews.org/report.asp?ReportID=48443&SelectRegion=Middle_East&SelectCountry=IRAQ