| From Washingtontimes.com: Dubai's long, lucrative property boom is hitting rough times, with property-flipping speculators and hopeful foreign buyers increasingly worried as easy oil money and quick profits dry up.
It's far from clear, though, if a bubble has truly burst or if the once red-hot market is simply cooling. "I saw fear take over," said Timur Usmanov, a real estate agent for Dubai-based Monshaat Properties, about investors who recently tried to flee the market just two or three years after diving in..... Full Article: Source
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