POP
Nov 13th 2008, 7:41 am
#1
**** it we'll do it live
Thread Starter
Joined: Oct 2004
Location: Dubai
Posts: 7,892
POP
I think I just heard the biggest bubble since the south sea bubble burst
burj apartments 50% down in value
Lay offs across several sectors
50% loan to value ratios
bank will no longer loan to realty employees
http://www.gulfnews.com/business/Rea.../10259283.html
stock market in freefall
etc etc etc
get ready for a hard landing folks.
burj apartments 50% down in value
Lay offs across several sectors
50% loan to value ratios
bank will no longer loan to realty employees
http://www.gulfnews.com/business/Rea.../10259283.html
stock market in freefall
etc etc etc
get ready for a hard landing folks.
Nov 13th 2008, 8:29 am
#2
ex-expat
Joined: Nov 2008
Location: in front of my computer - in sunny Sussex!
Posts: 2,162
Re: POP
gosh... they really are tightening their belts!
Nov 13th 2008, 8:34 am
#3
banned
Joined: Oct 2008
Posts: 7,611
Re: POP
yes YES YES, can dubai finally get rid of all the English asshole real estate agents that come out here thinking they are something special
Nov 13th 2008, 8:47 am
#4
ex-expat
Joined: Nov 2008
Location: in front of my computer - in sunny Sussex!
Posts: 2,162
Re: POP
or can we extend that to ALL the a$$hole estate agents... I could give a small list of ones I'd particularly like to see fired...
Nov 13th 2008, 11:50 am
#6
Guest
Posts: n/a
Re: POP
I think I just heard the biggest bubble since the south sea bubble burst
burj apartments 50% down in value
Lay offs across several sectors
50% loan to value ratios
bank will no longer loan to realty employees
http://www.gulfnews.com/business/Rea.../10259283.html
stock market in freefall
etc etc etc
get ready for a hard landing folks.
burj apartments 50% down in value
Lay offs across several sectors
50% loan to value ratios
bank will no longer loan to realty employees
http://www.gulfnews.com/business/Rea.../10259283.html
stock market in freefall
etc etc etc
get ready for a hard landing folks.
Nov 13th 2008, 12:36 pm
#7
BE Forum Addict
Joined: Jul 2007
Location: London and Dubai
Posts: 1,072
Re: POP
who said recession is a bad thing? we get to see both estate agents and bankers take a fall... its a shame that used cars become more popular
Nov 15th 2008, 9:43 am
#9
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: POP
I once went to a Damac launch at the start of this year, their even worse a cattle market than Yorks or Rattlesnakes at 3AM...
Nov 15th 2008, 9:46 am
#10
Lost in BE Cyberspace
Joined: Dec 2006
Posts: 23,434
Re: POP
I think I just heard the biggest bubble since the south sea bubble burst
burj apartments 50% down in value
Lay offs across several sectors
50% loan to value ratios
bank will no longer loan to realty employees
http://www.gulfnews.com/business/Rea.../10259283.html
stock market in freefall
etc etc etc
get ready for a hard landing folks.
burj apartments 50% down in value
Lay offs across several sectors
50% loan to value ratios
bank will no longer loan to realty employees
http://www.gulfnews.com/business/Rea.../10259283.html
stock market in freefall
etc etc etc
get ready for a hard landing folks.
So get ready for the "fake rental hype" where they will start spinning that rental market is very good and demand is exceeding supply hence keep the rental market at stupid rates...Wankeurs...
