The Dean

This man's got bigger balls than I have, to make some of these assumptions...........

"sale prices ... already approaching the lowest that they could conceivably fall to"

http://www.ameinfo.com/185553.html

The Dean

............ well, he is from Better Homes, after all.................

StublueKPL

What is it with that lot? they seem to be on another planet with their rental prices etc.

And, as for that statement, utter b***ocks in my opinion. But, hey, who knows??

NorthernLad

'We expect this to be quite a cleansing period. The market is getting smaller and the number of operators is declining dramatically. What we're seeing is that many of those agencies are going out of business and we expect many more to go out of business. "

If BH don't pull their heads from up their arses they will be joining the list of those going under. The prices they are still asking are plain daft, it seems their agents are 6 months behind the rest of Dubai.

Blue Cat

driven by greed

Hello.Kitty

"'When I look at prices today I sense that there's not much room for prices to go down further in many areas of the city and across many types of property."



How much is something worth if no-one wants to buy it?!

Hillarious. Betterhomes haven't even got back to me in 2 weeks about viewing some places to rent. I am wringing my hands in glee at the prospect of estate agents realising that, for once, we don't care!

Spugsy

i was talking a guy who runs his own agency selling and renting properties the other night and he basically blames betterhomes for the rise in prices over the last few years.