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Search: Posts Made By: Millhouse
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Forum: The Sand Pit
Sep 27th 2016, 12:26 pm
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

spot on - and let's not forget that many of the tourists here are from the region too. KSA has just declared a massive public sector pay-cut. Why come to expensive dubai when you can go to cheap...
Forum: The Sand Pit
Sep 27th 2016, 11:58 am
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

He is south African
Forum: The Sand Pit
Sep 23rd 2016, 4:21 am
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

A newbie friend of mine wants to buy aa villa in the springs.

I said to him... One day someone will wake up and look at that shitty villa and say, one million dollars, really?

He then...
Forum: The Sand Pit
Sep 22nd 2016, 11:06 am
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

Actually, the population is probably tied to two things - oil prices and credit expansion. Credit expansion is partially tied to the oil price as well as other factors such as the currency peg, and...
Forum: The Sand Pit
Sep 22nd 2016, 11:04 am
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

yeh, true - then it will be dependent on tax revenues - just like every other non-resource rich government in this world.

good luck with that. Then tell me the population will keep growing.
Forum: The Sand Pit
Sep 18th 2016, 11:20 am
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

I have been trying to think about this one too - no dips in population growth (although a massive drop in the growth rate) when the oil priced dropped.

Of course, those that were here when it...
Forum: The Sand Pit
Sep 18th 2016, 11:15 am
Replies: 51
Views: 9,723
Posted By Millhouse

Re: UAE population to oil prices

As much as I am pained to say it, I agree with Iggles.

Dubai's economy is largely (but not fully) consumer based - consumption requires people. People come due to the money. The money comes from...
Forum: The Sand Pit
Sep 18th 2016, 8:37 am
Replies: 51
Views: 9,723
Posted By Millhouse

UAE population to oil prices

125789

Interesting (to me at least) chart showing the connection between oil prices and the UAE population.
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