Real Estate in Uzbek town of Ferghana

Similar price hikes can be found in the Uzbek and Tajik parts of the Valley as well. In the Uzbek towns of Andijan and Ferghana, residents say that apartment prices have doubled or tripled in the past few years. Prices for a well-situated house with land in the Tajik town of Khudjand, for example, can cost up to $60,000, according to one inhabitant there. Why are prices going up? A decline in housing construction, a larger population, and remittances from abroad appear to drive the trend.