but keep your head up. Don't let the doomsayers get you down. Misery loves company and the thought of others falling down gets them off in some perverse way. I also don't believe UDC is at the root of the problem, as they are a Qatari company with a vested interest in seeing the project succeed. The other developers also have alot at stake but may not be Qatari-based companies. I believe Sabban is Saudi-based. Another is Kuwait-based, and so on...So there may be a temptation to maximize margins and run. As you said, time will tell.
If you were a speculator looking at flipping it ahead of the handover, then you have reason to worry. If you were a long-term investor or someone looking to build equity whilst working in Qatar and unwilling to compromise on lifestyle then you are sitting well from my vantage point. It is all about perspectives...
"I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite." -- G.K. Chesterton
but keep your head up. Don't let the doomsayers get you down. Misery loves company and the thought of others falling down gets them off in some perverse way. I also don't believe UDC is at the root of the problem, as they are a Qatari company with a vested interest in seeing the project succeed. The other developers also have alot at stake but may not be Qatari-based companies. I believe Sabban is Saudi-based. Another is Kuwait-based, and so on...So there may be a temptation to maximize margins and run. As you said, time will tell.
If you were a speculator looking at flipping it ahead of the handover, then you have reason to worry. If you were a long-term investor or someone looking to build equity whilst working in Qatar and unwilling to compromise on lifestyle then you are sitting well from my vantage point. It is all about perspectives...
"I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite." -- G.K. Chesterton