I am visiting Dubai and still see ppl in malls, traffic choas, rent not really down, i think most of it is exaggeration a well,
most of ppl who are crying were making 100 Ks Dhs in months in property etc, buy today, sell tomorrow, obviously this could not continue and now that that opportunities have moved from being over the top towards normal business they are crying and everybody is scared i guess right now due to global recursion to even banks, though they have money but everybody is saving for rainy day.... this is my observation
I am visiting Dubai and still see ppl in malls, traffic choas, rent not really down, i think most of it is exaggeration a well,
most of ppl who are crying were making 100 Ks Dhs in months in property etc, buy today, sell tomorrow, obviously this could not continue and now that that opportunities have moved from being over the top towards normal business they are crying and everybody is scared i guess right now due to global recursion to even banks, though they have money but everybody is saving for rainy day.... this is my observation
ALLAH HU AKBAR - GOD IS GREAT