it will the end of their arrogance...
Is Dubai’s Party Over?
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it will the end of their arrogance...
The climate in Dubai changed drastically, from the gradual and steady development to a situation of loot. Construction booming at one end with speculators making a quick buck, overzealous employees being paid more than fancy salaries by over enthusiatic companies, the rent arena jumping onto the bandwagon and demanding rents unthought-of, the resultant being that the consumer price for survival became unbearable for the earlier inhabitants who had fairly reasonable salaries, and had to send their families and loved ones back. The scene was panicky and very scary. It was difficult for anyone to gauge what was and would happen. The current situation has halted the constructions and roped in the rent rockets. Let us pray for our DUBAI the CITY of GOLD to come out unscathed from this grave situation and resume its earlier gradual and steady rise.
The climate in Dubai changed drastically, from the gradual and steady development to a situation of loot. Construction booming at one end with speculators making a quick buck, overzealous employees being paid more than fancy salaries by over enthusiatic companies, the rent arena jumping onto the bandwagon and demanding rents unthought-of, the resultant being that the consumer price for survival became unbearable for the earlier inhabitants who had fairly reasonable salaries, and had to send their families and loved ones back. The scene was panicky and very scary. It was difficult for anyone to gauge what was and would happen. The current situation has halted the constructions and roped in the rent rockets. Let us pray for our DUBAI the CITY of GOLD to come out unscathed from this grave situation and resume its earlier gradual and steady rise.
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