Baghdad Mansions Sell for $1 Million as Militants Near
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Islamic State militants may be at the approaches to Baghdad yet members of Iraq’s Shiite Muslim elite are offering cash for $1 million homes in the capital’s sought-after Zayouna neighborhood.
Gilded mansions with jacuzzis in Italian-marble bathrooms and armored vehicles parked in the drive are replacing the humbler dwellings of the former middle-class Sunni, Shiite and Christian inhabitants, according to real-estate agents. House prices in the district, they say, have risen threefold since 2005.