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Bubble Warning: Property Prices In Dubai Continue To Plummet

Bubble Warning: Property Prices In Dubai Continue To Plummet

Old Feb 27th 2019, 7:26 am
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Default Bubble Warning: Property Prices In Dubai Continue To Plummet

Ouch!

https://www.zerohedge.com/news/2019-...ntinue-plummet
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Old Feb 27th 2019, 8:12 am
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Default Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

With all the GRE debt coming due in the next couple of years, matched perfectly with a global slowdown it will only get worse before it gets worse.

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Old Feb 28th 2019, 6:03 am
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Default Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Originally Posted by Millhouse View Post
With all the GRE debt coming due in the next couple of years, matched perfectly with a global slowdown it will only get worse before it gets worse.

There were identical articles in 2015 and 2016.
Guess it depends if they can refinance chunks of it....again.
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Old Mar 2nd 2019, 11:25 am
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Default Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Does anyone have any idea when it may rise up again? Could be worth an investment getting in while its so low
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Old Mar 2nd 2019, 12:45 pm
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Default Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Originally Posted by DOHDUBMAN View Post
Does anyone have any idea when it may rise up again? Could be worth an investment getting in while its so low
hahahahaha

housing in Dubai is an expense not an investment.
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Old Mar 3rd 2019, 4:15 am
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Default Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Originally Posted by Millhouse View Post




housing in Dubai is an expense not an investment.
]

Great quote - would give up a thumbs up emoji but just learning about them now lol
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