Is the dream dead?
#1
Just Joined
Thread Starter
Joined: Apr 2019
Posts: 21
Is the dream dead?
Lehman was more than a decade ago and Dubai is still there. The oil price crash is five years old and Abu Dhabi is still there. Expats are supposedly leaving and being denied gold-plated packages but 48-year-old British engineers and their 28-year-old Pinay girlfriends are still tearing it up at Friday brunch.
What do we think? Is this the end of days or Expat 2.0?
What do we think? Is this the end of days or Expat 2.0?
#2
Re: Is the dream dead?
Lehman was more than a decade ago and Dubai is still there. The oil price crash is five years old and Abu Dhabi is still there. Expats are supposedly leaving and being denied gold-plated packages but 48-year-old British engineers and their 28-year-old Pinay girlfriends are still tearing it up at Friday brunch.
What do we think? Is this the end of days or Expat 2.0?
What do we think? Is this the end of days or Expat 2.0?
#3
Just Joined
Thread Starter
Joined: Apr 2019
Posts: 21
Re: Is the dream dead?
What’s your age and waist size?
#5
Just Joined
Thread Starter
Joined: Apr 2019
Posts: 21
Re: Is the dream dead?
The Pinay bit or the girlfriend bit being the issue?
#6
Account Closed
Joined: Feb 2011
Posts: 0
Re: Is the dream dead?
Lehman was more than a decade ago and Dubai is still there. The oil price crash is five years old and Abu Dhabi is still there. Expats are supposedly leaving and being denied gold-plated packages but 48-year-old British engineers and their 28-year-old Pinay girlfriends are still tearing it up at Friday brunch.
What do we think? Is this the end of days or Expat 2.0?
What do we think? Is this the end of days or Expat 2.0?
#9
Re: Is the dream dead?
As a western expat I don't believe any region is capable of providing a long term gold plated lifestyle, surely the cycle is that the region improves to the point where foreign mercenaries are no longer required and then the lucrative opportunities disappear.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
#10
Re: Is the dream dead?
As a western expat I don't believe any region is capable of providing a long term gold plated lifestyle, surely the cycle is that the region improves to the point where foreign mercenaries are no longer required and then the lucrative opportunities disappear.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
Dubai may revert back for the few if oil prices remain high and the locals get fed up with the Indians mismanaging everything but that remains to be seen. A gold rush for the masses is over - it’s quite interesting to see the marginal westerners get flushed out by the realities of a tough macro environment.
Last edited by Millhouse; May 2nd 2019 at 6:41 am.
#11
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: Is the dream dead?
Dubai was never a frontier. Small-town Saudi Arabia - there is the challenge.. Not for softies ! No snowflakes there !
#12
Re: Is the dream dead?
Heard today that 150 people have been let go from the Burj al Arab, with jumeriah also letting more go from other properties - all nationalities affected not just the expensive ones.
#14
Account Closed
Joined: Feb 2011
Posts: 0
Re: Is the dream dead?
Agree with your comments on Dubai. It's KSA next though.