Piers Morgan is great. I can't believe how much negative publicity Dubai is getting. Why is this? There are countries bombing others and countries involved in genocide. Whats up with people hating Dubai? Its strange. Why would one country be jealous of another? Ugh before I had to put up with negative media on Iran now its negative media on Dubai.
Well, everybody was jealous from Dubai for making such advancements in no time, it because the "Dubai Dream" something the west is not really too happy to see in an arab country... The were waiting for something like this because, in their subconscious, they think that Dubai doesn't really deserve to be a success.
Not only the western, if you were and arab, go to arabic news website such as "Al-Arabia" news, and read the comments written by arabs, some of them are living in Dubai and they wish for the doom and bloom of Dubai, some of them because they want to see prices and rentals go down, but most of them because they came to Dubai to carry money and go send home, not to have anything to do with Dubai's real-estate... they didn't believe in Dubai when the property market started in 2004 and they hated it when they saw the prices going sky-high (they have missed the boat) so they were waiting long time ago for the boat to sink, to prove they were right in the first place not to put any money in!
It is human nature... but I personally believe that Dubai will prosper and survive... the only think I hope that Dubai (and the UAE in general) is to give us, the believers in Dubai, some sort of recognition...
In fact, I didn't buy my own property because I wanted to make a killing, I bought it because I wanted to get the residency visa (I wanted to go and study abroad, and I wanted to return back to Dubai to settle in)..
.. even when I heard that Dubai has stopped giving the residency visa, I still believed that this is temporary, I mean, what country would not allow you to visit you own property which you have bought in you own money?
I am still betting on Dubai, and I still believe in the Dubai dream... it is up to Dubai to keep up this dream...
... that was a mouthful, I know
but I am happy to share it