View Single Post
  #2  
Old 21-11-2008, 02:31 PM
Roshan Roshan is offline
Moderator
 
Join Date: Jan 2008
Location: Dubai
Posts: 933
Default

Quote:
Originally Posted by mohammedno11 View Post
Please check out this article which I found:

https://www.zawya.com/story.cfm?id=Z...y&section=main

......

All three officials said the global financial credit crunch, negative market reports or the recent wave of investigations in Dubai will not damage the market in any way.


"I still have confidence in this market," Bin Galita said.

.......

No further comment !
Makes me wonder how they can say Dubai will not be affected. Some experts say emerging markets will be affected first.

Dubai in terms of property is an emerging market

You can fool some people sometimes but you can't fool all the people all the time.

Regards

Roshan
Reply With Quote