How does the $700bn bail out impact on the UAE and local real estate? « Pete...

" Real estate prices in Dubai should also see a slowdown in price rises, and the selling of new off-plan projects could become very much more difficult at least in Dubai, perhaps not Abu Dhabi just yet: partly because Dubai off-plan supply is so high and partly because the...

Poll on the economy: Americans gloomier, for now

"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...

Why the Dubai property market is not in trouble! « Peter J. Cooper’s Weblog

" It is a feature of markets that they do not always act in an entirely rational manner. You would think, for example, that the series of scandals emerging in the Dubai real estate sector might dampen demand across...

New US bailout planned

US lawmakers have been complaining that the federal government doesn't seem to have an overall master plan for dealing with the meltdown on Wall Street, seemingly selectively bailing out companies at random and...

Buyers Find Bargains at Michigan Foreclosure Auctions

"If you are interested in buying a home but worried about being able to afford it, follow what the other budget-conscious real estate investors and home buyers are doing – participating in Michigan foreclosure...

No rush to buy UK real estate for Arabian buyers « Peter J. Cooper’s Weblog

"Remarks last weekend by the British finance minister Alastair Darling that the economy was in its worst state for 60 years, sent the pound sterling into free fall this week. House prices are also down by more than 10 per cent over the past year, and open to offers lower than...

Recession, Recession, Recession...Oh My!

" During more difficult economic times, it becomes necessary to allow your investments to take some dives. You should expect this. In times of recession, this can occur across the board and there may not be much that you can do about it. Instead of moving your stock...

These homes for sale stink

"Why Fannie and Freddie matterMore Videos This boarded-up, bank-owned home is on the market in Milwaukee. On the inside, that Milwaukee home has been picked clean. Never before have there been so many squalid, dilapidated homes...

Did Scotland help China win Olympic Gold?

A lurid story of the International trade in sex organs.While doping scandals run rampant in the sports world, Ancient Chinese health secrets might still be key to getting up on the podium."FROM deep within the glens,...

Residential building land value drops 20pc

Falling UK land values are fuelling lower house prices with industry leaders asking the Government for urgent and immediate action....People are opting to rent rather than buy/sell and the North of England is the least expensive place to live...."Residential building land,...

Gold Cup and Saucer goes tonight

straight from my hometown paper in Moncton NB, i'll be at the final tonight too. "CHARLOTTETOWN - Ontario invader Mach It Paid has drawn the rail for the 49th running of the $60,000 Sobeys Gold Cup and Saucer race tonight at the Charlottetown Driving Park Entertainment...

Lehman in talks to sell $40bn in real estate

The deep fall of the banks and investment corporations takes another hit. Lehman Brothers steps over  sub-prime crises with no way to refinance. What comes next Real estate has no value without sub-prime...

Georgia conflict: Screams of the injured rise from residential streets

Innocent people are the victim of all this. Many building and apartment damaged by Russian airstrike." The ground shook and a series of explosions rippled through the air. From the middle of a housing estate in...

English 'Lord' puts life up for sale on eBay

Ebay is becoming right market place for all kinds of idiosyncrasies. Earlier a British citizen had auctioned off all his worldly things but didn't get a decent deal. Now a British lord has advertised for life as well title. The British lord has already experimented with this...

Living One year rent free in a Ghost town?

"We didn't sell one house," real-estate agent Michael McKinnon says.But for the Pfluegers, who won, the outcome appeared to be nothing short of divine intervention. Mr. Pflueger had been out of work for eight...

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