Do They Offer Thirty Year Jumbos?

Larry Kudrow brings us the "good news" from Iraq, something I'm sure we'll be hearing trumpeted on every wingnut site for days to come. I particularly like this part. From Newsweek:

Civil war or not, Iraq has an economy, and—mother of all surprises—it's doing remarkably well. Real estate is booming. Construction, retail and wholesale trade sectors are healthy, too, according to a report by Global Insight in London.

There is obviously a bad bomb joke in there just begging to get out, but aside from that, why is Kudrow surprised that in a country with roughly ten percent of its population displaced, home sales are brisk? And I have to tell you, it's not much of a surprise that construction is doing well in a country where everything is pretty much blown to shit either.