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How will plunging oil prices affect Dubai's glittery real estate sector?

2014-12-21 19:52:35| Real Estate - Topix.net

The big threat to the market is that lower oil revenues in the Gulf could slash the amount of money available to buy Dubai property The plunge in oil prices may take more of the froth off Dubai's booming real estate market, but broad-based demand for property is likely to prevent any crash, said a report. As the global financial crisis slashed oil and equity prices in 2008, Dubai's real estate market began a collapse that roughly halved residential prices in 12 months and forced the restructuring of tens of billions of dollars of corporate debt.

Tags: real estate prices oil

 

Chinese buyers fall in love with Seattle real estate

2014-12-21 07:15:10| Real Estate - Topix.net

Savvy Seattle-area real estate agents have gained an advantage by paying attention to the growing connections between China and Washington state. "I'm so glad my mother made me study Chinese," laughed property broker Janie Lee, after showing a client from Beijing a US$4 million home in the suburb of Medina.

Tags: real love estate fall

 
 

Gift Guides: Extreme Real Estate Gift Guide: Here's a House for Every Taste

2014-12-20 22:46:03| Real Estate - Topix.net

Sometimes you have to go above and beyond with your holiday gift-giving. Almost everyone you know is living in a house that falls short in some way.

Tags: real house guide estate

 

The Real Thing the Sony Hack Exposes Is Hypocrisy

2014-12-20 19:00:27| PC Magazine Software Product Guide

The hack highlights how a country like the U.S. and its corporations are expected to run and how they actually do.

Tags: real thing sony hack

 

The Real Thing the Sony Hack Exposes Is Hypocrisy

2014-12-20 17:02:28| PC Magazine Security Product Guide

The hack highlights how a country like the U.S. and its corporations are expected to run and how they actually do.

Tags: real thing sony hack

 

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