The prices of land have grown 2.7 times last year, and continue growing. Baku and Apsheron are the places of the most expensive land. Officials and speculators handle the sale here. The local executive power has mainly overcome the municipal councils, which are not very powerful in Azerbaijan, in this business. That is why land is very dear here. The earthquake of 25 November 2000 damaged many houses in Baku, and the Mayoralty entrusted private c...

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