Saturday, Dec 05, 2009

Now we know where the Fokker is exposed

Times: The Dubai dilemma

Stuart Law, from Assetz, says: “If you’ve got the money and the product is finished now is actually a great time for investors to buy in Dubai because the rental demand is there.” He does warn, however, that you will be swimming against the current. “But of course most people are panicking and trying to get out.” ... I predict this Stuart Azzetz will go under by Xmas

Posted by confused76 @ 10:55 AM (1206 views)
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1. phdinbubbles said...

"I predict this Stuart Azzetz will go under by Xmas"

Shame if Foxtons go under as well.

Saturday, December 5, 2009 11:14AM Report Comment

2. greenshootsandleaves said...

Repeat after me, Stuart: 'Now ... is ... not ... always ... the ... right ... time ... to ... buy', then we'll have another go at 'This is not the right time to buy'.

Saturday, December 5, 2009 11:50AM Report Comment

3. confused76 said...

"Swimming with the fishes... the dead ones" (R. De Niro in A Shark's Tale) i can picture the Stuartz floating one day between the Palms

Saturday, December 5, 2009 12:16PM Report Comment

4. will said...

Sounds like those Gold Bulls out there - invested interested - they actually have no idea why their particular asset should continue to rise.

Saturday, December 5, 2009 12:24PM Report Comment

5. quiet guy said...

"Now we know where the Fokker is exposed"

I don't think he's exposed at all, confused76. Law is a property dealer i.e. he takes a cut on transactions. The more transactions he handles the more he makes so his advise will be similar to an estate agent - it's never a bad time to buy. I would be very interested to know whether Mr Law is buying any property right now; my guess is not.

Saturday, December 5, 2009 02:05PM Report Comment

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