Dubai property market faces pressure - 07 Oct 08

[jandean61]

WESTERN BANKS= NWO

[Ryan39551987]

Dubai will bubble eventually. There sitting ducks for failure. To much to fast!

[vytlek]

Maybe its good.. Banks are not lending, lots of free space, perhaps we will get it for free?

[aazarinni]

UAE needs to be boycotted the way aparthied South Africa was shunned, this filthy lawless country has a culture of labor oppression,conman transacting,pedolphia,kidnappi ng of children, human trafficking, forced prostitution and manipulation of the weak, there are many other better places to invest and do business than the emirates whose people are closer to wild animals than to human beings

[lcarsnet]

Search for: "Report: UAE Ruler's Half Brother in Torture Tape"

[felexmar]

i lived & worked in Dubai as professional. Yup, I earned pretty much higher than my home country, however, because of high stanadard of living, I have to adjust lifestyle to save. Dubai not godd place for savings. I beleive its gonna burst soon.

[pyroman575]

the people who are being paid 1$ a day are laborers from India but that is better pay for then then in India but im not saying that it is right

[generationnext9000]

I hope these crisis will be gone through quickly...

[sirio78]

Any person who thinks Dubai is the result of free market forces is completely wrong. In Dubai, oil has been the foundation of growth because despite having just a fraction of what neighbouring Abu Dhabi has, the vast majority of the money flowing into Dubai comes from oil sources. Dubai is a state ruled to a large degree by one person. The state = Sheikh = State Planning = Dubai Holding = Tatweer = Emaar = Emirates = Everyting in Dubai.

[002eden523]

i wonder when oil run dry, what happen to dubai then?? goodbye dubai!!!???

[Howitzer909]

hence why there is such an emphasis being placed on tourism, shopping, night clubs, leisure etc etc.

What you can do in America you can do in Dubai (just behind closed doors ;) )

[kapena1775]

dubai does not run on oil, it's going to try to try to support itself in finance and real estate... for now its being supported and bail-out by its country oil.

[ikran2007]

that what they gr=et for trying to belike the west greed

[PauloGVieira]

In 10 years time Dubai will be a white elephant. No rational human being can deny that this sort of development is not sustainable.

[jacknapier26]

probably much, much sooner than that.

[q3bi]

You do not know how it works Dubai. Dubai is not a Banana Republic

[oceanbound222]

These big buildings were built on the backs of Pakistani slave labor. These slaves work for $1 a day under the more dangerous and horrific conditions. They are treated like animals.

SHAME ON DUBAI

SHAME ON DUBAI

[jacknapier26]

that must explain why Darth Cheney moved all his assets over there.

[envsh03]

Pakistani labour is not forced to work in Dubai. They go there voluntarily -for $1 a day! So you have to be fair and not try to blame other people, for your misfortune!

[orangepolyester]

That's monstrous. They earn $1 a day while their bosses earn millions. They live & work in horrible conditions and often don't get paid. They're trying to escape poverty, and Dubai's bloodsucking capitalists take advantage of their misery to exploit them. The parasitic elite of Dubai don't create wealth: the immigrant workforce does. The Pakistanis should rise up and take back what's theirs.

[Raindropingstorm]

1$ a day? I don't think so... I know a man, who is Pakistanish and works there as designer... And he earns really good money there... I don't know exactly but 200$ a day minimum...

[Howitzer909]

He works as a DESIGNER, not as a LABOURER!

Big difference pal.