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jm's picture
5 years 1 week ago
jm - There is no land left in Central Beirut...If you go out of beirut the price per SQM stays high from 2000 up to 3500$...the writer is talking about the average price. in beirut the prices are at least 4500$ per SQM without mentioning that 70% of beirut consists of old buildings that are being demolished and reconstructed. So the land scarcity is not a valid argument