PPRuNe Forums - View Single Post - Dubai / UAE
Thread: Dubai / UAE
View Single Post
Old 4th Dec 2008, 09:07
  #60 (permalink)  
The Jolly Roger
 
Join Date: Feb 2006
Location: Somewhere HOT!!
Posts: 107
Likes: 0
Received 0 Likes on 0 Posts
Credit Crunch hits Dubai????? What??? No way!!!...sssshhhhhh....nobody is supposed to mutter those words.......

Unfortunately Joe Average will still be up the landlords for a while yet when it comes to rents.....there are still new, empty buildings in Dubai all boarded up until the time is right for the vultures to seize their prey......Its highly unlikely anything is goin to happen with the rents here over the short term....as long as they "slow bleed" a couple of apartments here and there, it will sill look as if the demand for aprtments is high when actually its quite the opposite!!!
The Jolly Roger is offline