Sans Lights and Running Water, an African Village Dives into the Housing Bust

In the land of lushly forested mountains rich in gold, diamonds and one of the world’s largest virgin iron-ore seams, a temporary housing boom came to Nionsomodidou.

Today’s Wall Street Journal takes a look at the arrival of capitalism in Nionsomodidou, Guinea, a remote rural village with no running water or electric lights, that became caught in the rise and fall of the global commodities euphoria.

via WSJ.comThe article A Housing Market Built on Mud Takes Off, and Then Goes Thud shares a detailed, objective look at the real-world lifestyles of Africans living through the boom and bust of global capitalism.