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Zee's picture
5 years 10 months ago
Zee - The author did not mention what amount from the 700,000 USD that was mortgaged. Add to that, the author did not take into consideration the two most important factors when it comes to real estate in Lebanon. First, the shortage of land availability in Beirut. Two, the amount of Lebanese people living abroad and earning their income outside Lebanon who invest in properties in Lebanon and usually more than once.