Creating bubbles that can be managed better | GulfNews.com:
"I already miss the real estate offers of the past. Back then when no one asked for one-cheque payments.
Some landlords were OK with as many as six cheques, while others would offer you a one-month free stay. Back then no one asked your name, where you come from, where you work, what your job title is, and how long you have been working there. Honestly, they only had to ask for a six-month bank statement for this to turn into a credit card application.
I am not against any of these practices when demand starts picking up, but why does it always have to be an extreme? And what’s worse than all of this is that the Expo 2020 is seven years away.
Speculation that is based on actuals is good as it is one way for a price incline, but a sudden unexplainable surge in prices without clear justification is the fastest way towards a real estate collapse."
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