philh - Posts
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"If anyone could show me a calulation that would prove this to be an excellent investment, i would be interested to see this." Your calculation is still based on your core assumption that the prices will drop. Here's an alternative calculation: 3m value, mortgage rate 6.75% which would mea...
- Oct 24, 2008
- Forum: Dubai General Chat
- Topic: Real Estate in 2008 - Good Time to Buy?
- Replies: 62
- Views: 11335
Thanks Nick - good to finally have some intelligent and well thought-out posts on this topic! It's pretty easy to grasp the basic concepts, yet some have displayed remarkable ignorance (to say Dubai's situation has nothing to do with oil being a particularly shocking example of a lack of understandi...
- Oct 25, 2008
- Forum: Dubai General Chat
- Topic: Real Estate in 2008 - Good Time to Buy?
- Replies: 62
- Views: 11335
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