What next for Dubai property in 2015?
During the 2008 post-Lehman financial meltdown, home prices in Dubai fell by 60-70 per cent and a generation of offplan flippers and leveraged investors/buyers (a mortgage, by definition, is a highly leveraged and speculative financial product. There is a reason the word “mortgage” derives from the French “mort” or death!)…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Khaleej Times