Will the UAE stock market correction give real estate a boost as it did in 2006-8? « ArabianMoney:
"The link between local stock market and real estate cycles is pretty strong. Speculators tend to choose one or the other and ramp up prices.
We can remember that happening in Dubai in 2006 after the stock market crash of that year. Money came out of stocks and into Dubai real estate to fuel up the final 18 months of the boom that went spectacularly bust in late 2008."
'via Blog this'
No comments:
Post a Comment