Dubai’s secondary market property sales don’t tell full story
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There is so much to be gained from economy history … it is indeed a shame so little is taught to budding economists, journalists and analysts. History may not repeat itself but it is a brilliant way of highlighting issues modern day economists have, foolishly,
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Rapidly rising prices should always sound off alarm bells. These rises should not be a problem normally … if prices are a function of demographics, interest rates, household incomes and upcoming supply by zones. However, the key warning sign for unsustainable price growth is always
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The German term “Fragestellung” — literally, the posing of a question, but broadly meaning a world view from which questions can arise — has been a more accurate word than the inadequate English term “outlook” to test new hypothesis as well as abandon old ones.
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Consider a thought experiment: If the state of the economy is sluggish and job creation anaemic, then why are real estate prices and transactions exhibiting growth patterns? And now seen through the course of the year. More pertinently, how can these rises be occurring against
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One question that everyone has asked in recent months has been quite an obvious one: How much have the real estate markets in Dubai fallen by? A corollary to this would be — are the markets still falling? No one seems to be able to