Gaza's Property Ladder

Channel 4

Unreported World

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Reporter Seyi Rhodes and producer Daniel Bogado travel to Gaza to reveal what must be one of the world's most unlikely property booms. And in this war-torn territory, 'Location, Location, Location'� means finding an apartment in one of the highly sought after areas which are usually not shelled. or hit by missiles as well as close to a good school and shops.


The\Unreported World team meets Essam\Mortja, an estate agent and property developer who says his property business\is booming. He shows them some of the glitzy properties he's helped sell at\prices of up to US$3 million. Property prices for luxury villas and apartments in\elite areas like El Remal are on par with London and New York. 


Essam\explains to the team how the conflict with Israel has actually been a driving\force behind this incredible real estate boom. Israel’s blockade against Hamas\means that movement of people and goods are restricted.  Two million Palestinians are trapped in this\25 mile strip of land, making it one of the world’s most crowded places. So any\place with low supply and high demand will see prices go up. But also, every\time there’s conflict Israel destroys some homes, which worsens the housing\shortage and drives prices up even further. 



'... excellent international strand...'


- The Daily Telegraph



Critics Choice 


- The Independent, The Daily Telegraph, The Times, The Daily Mail,The Observer, The Sunday Times, The Sunday Telegraph, The Independent on Sunday



To view this episode in full, please go to

http://www.channel4.com/programmes/unreported-world/

First Broadcast

April 26, 2013

Broadcaster

Credits

Producer Director

Daniel Bogado


Reporter

Seyi Rhodes

Executive Producer

Eamonn Matthews

Awards

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