Investing in real estate ahead of the next upturn
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Reading the history of many of the world’s iconic cities leads to conclusions about how each of these developed into global centres. For example, in the case of New York, it becomes fairly obvious that the city achieved the pinnacle of success because of repeated
Dubai was no sensible place to build a great city — Surrounded by expansive deserts, it offered few of the inducements to settlement and growth found in nearby major cities like Beirut or even Baghdad. Only the brave could dream of something so unlikely, so
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The latest suite of incentives announced in the UAE were justifiably met with breathless excitement and exuberance by analysts and journalists alike, with prophecies of a new dawn being ushered in. From liquidity enhancing to economic stimulus and visa overhaul, the measures announced have been
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In every city where rents start to rise dramatically, the calls for rent control become loud enough for the regulators to follow with some form of restrictions. And in every city where such controls have been introduced, the effects have been ambiguous at best, with
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