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 [...]

Job strife
We’ve been speaking to our friends who are long-term residents in Dubai again.
According to word at ground level the number of expat families that have quit Dubai due to job loss over the past year and a half is around 60,000 already, and the pace of departures has been steadily picking up speed [...]

Could it be that the building of record breaking Skyscrapers could be used as a tool to predict the onset of economic downturn? What does this mean for Dubai, now that the Worlds tallest building, the Burj Dubai, nears completion!