IS THE REAL ESTATE SECTOR A VIABLE INVESTMENT OPTION FOR EVERYONE?
Introduction A massive real estate development is gradually changing the landscape of Mogadishu and its outskirts. This is attributed to the increasing population of Mogadishu as a result of many Somali diasporas returning to the country, improving the security situation and growing middle-class families. The growth of the real estate industry helped the country to recover from the tragedies brought by political unrest and civil wars that lasted more than two decades. Among the advantages associated with the real estate sector include the beautification of the city due to new houses with unique designs and improved cash flows for the investors because they have diversified their income sources. On the other hand, the sector is less profitable considering the low return on investment and at the same time does not…