“A five-bedroom river-view house sold three years ago for $45,000. Two years ago it sold for $80,000. It sold a third time in August for $300,000. Who would have guessed it was in Baghdad? The place is a disaster, and keeps getting worse. Despite the violence, property values have increased close to 1,000% in the past three years in parts of town. Go figure.”
I was struck by the above quote (and information)in a real estate newsletter I recently received.
Besides providing a fascinating peek into an Iraq dynamic I wasn’t aware of, this quote brought to my mind an issue that is popping up more and more for me.
Where does one go for the real story nowadays? The world is globalizing…but the media seems incapable of providing a balanced view of ‘reality’. Is it time for a brand new non-profit, non-political, non-partisan global news organization?
