Myanmar: Yangon property prices surpass LA and Dubai

The dilapidated city of Yangon, Myanmar's commercial center, which is plagued by brown outs and derelict infrastructure, is becoming a surprisingly hot property market, as I reported on August 14 for Inside Investor. Ironically, the city's shortcomings -- as well as the privatization of previously government-owned estates -- are actually a major contributor to skyrocketing …

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