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Kabul’s unlikely housing bubble seems ready to burst

Posted on 21 November 2011

Kabul’s unlikely housing bubble is deflating rapidly amid a rash of extravagant insurgent attacks and growing worries among Afghans about what will happen after U.S. combat forces stand down, as expected, by 2014.
For many Afghans, President Barack Obama’s announcement in June that he was withdrawing one-third of U.S. forces by next September marked the beginning of the end of the foreign intervention in their country. While that raised security concerns, the prospect that U.S.-led NATO troops, who now number 100,000, would soon depart also sparked worries about the economy, especially among those who’ve gotten rich off the sudden influx of foreign investment………………………………………..Full Article: Source


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