02.06.2009 - Dubai speculators starving developers of funds
From Constructionweekonline.com: The construction industry will not feel the benefit of lower construction costs until speculative property buyers have left the market for good, a top developer has warned. Speculators are panic-selling properties, which is undercutting the fair market price and unnerving investors, in turn starving developers of funds, the expert said.........Full Article: Source
Print