Financial Times FT.com

A piece of England booms in Iraq

By Anna Fifield in Irbil

Published: September 30 2008 02:42 | Last updated: September 30 2008 02:42

As the British housing market sputters, one English village is experiencing a phenomenal housing boom, in which prices have almost doubled in the past two years and are still climbing.

This English village – complete with cul-de-sacs lined with identical two-storey houses, garden gnomes on front lawns and Range Rovers in driveways – is not in the leafy home counties that border London or in a suddenly-trendy seaside setting. It is in Irbil, capital of the northern Iraqi region of Kurdistan.

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