How has Iraqi city become a luxury property hot spot? - CNN.com:
"The rolling hills that surround the city of Erbil in northern Iraq once helped the bustling Kurdish capital earn its reputation as the Switzerland of the Middle East.
Beneath the verdant greenery which dominates this ancient landscape, however, lies the source of the region's prosperity -- lots of oil and gas.
These bountiful natural resources combined with the relative stability of northern Iraq have helped fuel a nascent luxury property boom in recent years -- no mean feat in a country that has been pummeled by three wars, brutal dictatorship and recurring sectarian tensions over the last three decades."
'via Blog this'
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