www.dubaipropertycrash.com

Today I read the following headlines:
“Encouraging signs for Dubai’s property sector” – Bradley Hope (The National)
“Cash boost for property firms” – Angela Giuffrida (The National)
“Dubai’s real estate industry ‘at low point’ “ – AME Info quoting interview with Ryan Mahoney
Exactly what planet are these people on?
Perhaps they need to build themselves one [...]

We count ourselves amongst those that rather like the idea of owning a holiday pad in Dubai, perhaps something we could use for a few weeks each year and have it rented out for the rest of the time. Something that would appreciate in value over time too – well thats a plan that has [...]

We hear that Moody’s Investor Service, a credit ratings agency that assesses credit risks in relation to corporate debt issuers and sovereign nations is considering dropping its debt credibility ratings for six of Dubai’s major companies that enjoy strong state backing. The companies mentioned are: