I honestly cannot think of any reason why anyone would invest in property here.
The price is high, the quality is terrible and in a few months time when the bubble bursts here all you will own is a pile of bricks in the desert.
Two years from now there will hardly be any rental market. All the big projects will be almost complete here with no new big projects coming up due to the credit crisis, the low oil price and the exorbitant price of construction here.
If you want to blow your cash then buy a Ferrari....at least you can enjoy it and take it home with you
I honestly cannot think of any reason why anyone would invest in property here.
The price is high, the quality is terrible and in a few months time when the bubble bursts here all you will own is a pile of bricks in the desert.
Two years from now there will hardly be any rental market. All the big projects will be almost complete here with no new big projects coming up due to the credit crisis, the low oil price and the exorbitant price of construction here.
If you want to blow your cash then buy a Ferrari....at least you can enjoy it and take it home with you
just eat another pie