A man walks past a banner advertising for buildings that will be built, in Tripoli, Libya November 5, 2019. REUTERS/Ismail Zitouny
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With rents in the center of Libya's capital soaring as those displaced by fighting on its edge seek housing, the 35-year-old IT engineer said he had been unable to find anything he could afford.The cost of renting a furnished two-bedroom apartment has risen to about 3,000-4,000 Libyan dinars ($2,140-$2,855) a month from 1,500 dinars before April, real estate broker Abdel-Majid Ben Mansour said.The purchase price for a two-bedroom apartment has more than tripled to 500,000 Libyan dinars since 2014, Ben Mansour said, with some of the rise also down to Libyans based abroad taking advantage of cheap black market dinars to invest.
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