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Who would have thought few years ago that a
square meter of property in central Yerevan would sale for
$2200. Today this is a fact of life. The builders can not build
it fast enough.
Armenians of Russia, Iran, Syria, and Lebanon are the biggest
contributors and investors, all across the nation. American
Armenians along with the European counterparts went through a
time of hesitation but, this is changing quickly. During the
spring and summer of 2005 a huge influx, and a tendency not only
to invest, but also, to repatriate to Armenia is being felt. |