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FUZZY MATH

Bin Laden House Worth ‘Far Less’ Than $1M

Locals say villa is worth $250,000 at most.

cheats/2011/05/04/bin-laden-house-worth-far-less-than-1m/osama-hideout_lh6nmb

Farooq Naeem, AFP / Getty Images

It was one of the most embarrassing details about the Osama bin Laden raid: the supposedly ascetic bin Laden was hiding out not in a cave but in a million-dollar mansion. But local real-estate experts say that figure was wildly exaggerated. Instead, the somewhat ramshackle property is worth no more than $250,000, they say. "No swimming pool. This is not a posh area. We call it a middling area,” Abbottabad property dealer Muhammad Anwar said. Regardless, the damage done to the compound during Monday’s raid can’t have been good for the property value.

Read it at The Guardian

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