Be happy you are just visiting!
I found this to be incredible:
http://business.timesonline.co.uk/tol/business/markets/the_gulf/article5663618.ece
It's a story about ex-pats leaving their cars at the Dubai International airport, to the tune of 3,000 vehicles (so far), fleeing the country and their loans (that presumably they are defaulting on).
Dubai remains a simply outstanding country to visit, and generally speaking, the great steps the government has taken to diversify their economy have put the UAE in a good position to weather the global economy crunch, but before you buy real estate here or elsewhere, think about it long and hard!
http://business.timesonline.co.uk/tol/business/markets/the_gulf/article5663618.ece
It's a story about ex-pats leaving their cars at the Dubai International airport, to the tune of 3,000 vehicles (so far), fleeing the country and their loans (that presumably they are defaulting on).
Dubai remains a simply outstanding country to visit, and generally speaking, the great steps the government has taken to diversify their economy have put the UAE in a good position to weather the global economy crunch, but before you buy real estate here or elsewhere, think about it long and hard!
Labels: Dubai economy

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