Dubai Real Estate Crash. Lindsey Williams was Right !!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by admin on November 29th, 2009 and filed under realestate com | 25 Comments »

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Duration : 0:5:28


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25 Responses

  1. Durchbrechen Says:

    Dubai is complete …
    Dubai is complete madness. A space base, not a town, an anti-ecology monster where they need to chill swimming pools and tap water. Unless they make huge cheap brothels out there it will become a ghost town. But there are many other cheap brothels around the world, with a better climate, so even that will not save them. What do you do in a desert ??

  2. Durchbrechen Says:

    > the south sulu …
    > the south sulu sea

    Cool, instead of cooking oneself in the desert, one is going to be wiped off by tzunamis and earthquakes or petrified by vulcanos :)

    I’ll wait for the next space base on the moon or venus.

  3. jhtrico1850 Says:

    This is China in …
    This is China in 2011.

  4. TLionelH Says:

    Everyone- Don’t …
    Everyone- Don’t miss the big picture. The world economy is on a rapid, downward spiral. If the wealthy of the UAE are not immune, NO ONE is immune.This is a visible symptom of an already established crisis. The American Dollar is near death, and it will drag down countless other currencies with it.
    Global depression is underway. Prepare, if you can.
    TLH

  5. darkflamestudios Says:

    Yeah well of course …
    Yeah well of course it was a bad idea to build a city in the desert, instead of buy food for a billion people.

  6. lunafringe10 Says:

    hey guys, dont give …
    hey guys, dont give them sheiks anymore money, we are building 5000 metre towers now on an island in the south sulu sea, The sky is the limit,
    casinos, hotels, night clubs, more then Dubai was ever able to offer, We are printing the bonds now, 10000 dollars
    each, you can get rich in the next boom in the kingdom of the south sulu sea, dont trust any more lying big mouthed sheiks, we ll keep you informed, Dubai is dead,

  7. glup2glup Says:

    what a ugly town! …
    what a ugly town! to much money for sand

  8. ticodealajuela Says:

    I spent three years …
    I spent three years there, and despite there is bargain in real estate going on right now, I would never live in such a place for the long term… Definitely not a turist destination eiher.

  9. anddihier Says:

    Check out Lindseys …
    Check out Lindseys new vids from prophecy club (3) more inside info….
    We’re running outta time folks, get ready!
    A kind warning we must unite and do something, anything we can.

  10. IamInfidel Says:

    Who wants to live …
    Who wants to live near a bunch of sand niggas

  11. ginsunh Says:

    The false economy …
    The false economy of Dubai is being exposed. There is nothing there but the dreams of speculators, built by slave labor and devoid of taste and class.

  12. v1d30junk Says:

    LOL at 3:22 people …
    LOL at 3:22 people who have 100s of millions or billions in the bank, ha, they don’t have it in the bank, they had it in mostly real estate that’s worth half what it was and things are getting worse, so they are worried now about how much more they are going to lose, what a joke to think they are going to waste money on some cookie cutter apartment. As far as tourism, this place looks like Miami but hotter, dryer and polluted, who wants that on vacation other than new money posers and eurotrash?

  13. ddxxbb1 Says:

    Still Dubai is a …
    Still Dubai is a very wonderfull place to live in, the financial crysis is global and Dubai is not built in the moon…
    Everything is real in Dubai and soon abudhabi will help Dubai pass the crysis easily…Remember guys they said they will delay paying and not stop paying !

  14. nameofthepen Says:

    Nouveau riche …
    Nouveau riche kitsch. Bleeech!

    Well, it will be interesting to see what effect this news has on the stock markets Monday morning.

  15. doyoulikechocolate Says:

    erm beautiful view? …
    erm beautiful view? what tha – its all concrete and towers!!

    A beautiful view is Palm trees, seas, greenary, sunsets – not rows of metal skyscrapers!!

    Bye Bye Dubai…

  16. lunafringe10 Says:

    There is …
    There is speculation, that Dubai might even be bankrupt, Dubai isnt able to serve the debt, Even their brothers in the UEA are already helping them, I dont know what kind of professional economic brain trusts they employ. Those ppl thought Money would come from the moon, Now the sheiks are waking up, Buying horses in just 2 days for 7 Million Euros, Golden mosques, and armies of foreign vets for camels and so on, Dubai wont become a ghost town, but the future could be bleak,

  17. Clausewitzz Says:

    I think your right …
    I think your right about all those luxury appartments that nobody wants for the coming decade.

    The trust in those investments has totally gone, the prices went totally out of scale for the last years and now the price can only keep dropping for a long time.

    The only thing that can be intresting for a normall human the coming decade is to buy an appartment when the prices reach a very low point.

    Besides that i dont see what could bring this massive bubble back to life.

  18. lunafringe10 Says:

    if i had that kind …
    if i had that kind of money, i would nt go to an islamic country with islamic law, No way, Too dangerous,

  19. lunafringe10 Says:

    The crisis is a lot …
    The crisis is a lot bigger and deeper then any of us imagine, All of this real estate will never be sold for the next decade,
    Its not jealousy, if someone can afford luxury, let him, It wont take anything away from me, nor will i profit, you just have to face up to reality, the sooner the better,

  20. lunafringe10 Says:

    Did u arabs really …
    Did u arabs really think, you are the smartest ppl on the planet, The money doesnt only come from oil, It comes from all over the world, And once word got out, Dubai cant serve the debt, this stream of money will cease to flow,

  21. lunafringe10 Says:

    its not a little …
    its not a little crash, Dubai is nearly bankrupt, it cant serve its debt right now, Trees dont grow into the heavens, and artificial islands not into the ocean, The stream of money has come to a halt, Only stupid ppl buy appartements in Dubai, Now their price is money lost,

  22. damndog222 Says:

    Dubai Sucks! I went …
    Dubai Sucks! I went to Dubai HOT 104 Degree 6:00 A.M no I won’t go back again. Dubai natives treat their employees likes slaves. There is nothing in Dubai unless you’r from 3rtd world countries, I would rather be in Miami Florida which I don’t care about it.

  23. 23KarlKoch23 Says:

    lol…if these …
    lol…if these people would withdraw there funds from the usa u would see what a real crisis is!

  24. 23KarlKoch23 Says:

    anyone who thinks …
    anyone who thinks dubai is going down..plase just come here and see what is happening! this place is booming and I am living here for 14 month now so I have seen it prior the crisis and after..the people who run the show here are the wealthiest people on this planet. nothing is going down in this place!

  25. jcrolfzen Says:

    the next detroit, …
    the next detroit, you can’t build a city of this magnitude based on real estate and tourism alone.

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