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Loan Modification

: Mortgage Lender Implode-o-Meter

Dubai Can't Kick Its Building Habit as Glut Lowers Prices

By Implode-Explode Heavy Industries

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"Construction sites are buzzing with work across the Persian Gulf sheikdom more than two years after the financial crisis set off a real-estate slump that caused values to fall by more than 60 percent. In the next two years, tens of thousands of new properties will come onto a market where about 40 percent of homes and offices are empty."

Full post as published by Mortgage Lender Implode-o-Meter on February 23, 2011 (boomark / email).

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