Quote:
Originally Posted by memo123
"Developers are increasing the prices. Investors are going mad...are these classic signs of overheat 
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Dear Roshan
You are not confused things have all the signs of boiling, not over heating
when you see all these signes it just means the end is very near , pop,pop,pop |
I dont think there will be an end in the way you are predicting... this is abu dhabi, the richest of all the emirates... billions of dirhams are spent on infrastructures and to ensure these projects function well as investments.
Also its an oil backed economy....oil prices are rising.... oh and tourism is on the growth, more people want to come to this country to live and work since life in other parts of the world particularly the west is becoming more difficult.... with taxes, declining economies, cost of food etc.
Inv.