Dubai property market short-term or difficult to heat up the group inspection 4 days without orders

Has delineated the local biggest 2-3 houses the enterprise, seeks the discount price to purchase claims to use hundreds of millions of funds, the bottom Khalifa (formerly Burj Dubai) The Wenzhou entrepreneur Group has returned home on February 5 evening (the morning paper February 4 A34 edition has reported).　　Led the United Arab Emirates Wenzhou Chamber of Commerce president Finite told The Morning Post reporter, although this trip has additional gains, but did not buy a set of properties.　　In this regard, well-known Wenzhou local economic scholar Jinlong that this shows that the time of the bottom of the Burj Dubai, Dubai economic future expected unclear. The delegation had sufficient funds, although apart from the leader finite, the remaining 11 per cent of the group came from the mainland, and since the outbreak of the Dubai crisis, they had visited Dubai 2 times to inspect the property. and finite in Dubai business for many years, has many commercial projects, the group of Dubai real estate situation quite understand. The group's other promoter, Jiang Yongzhong, president of the Wenzhou Chamber of Commerce in Jinhua, said on February 2 that the group had set out to Dubai that they had sufficient funds to buy Dubai properties, including Khalifa, during the Dubai period.　　Within 4 days, however, the regiment had not purchased any property after inspecting Khalifa and local properties in Dubai. Finite said buying real estate was a big investment, and it was difficult to make a decision in a short time by constantly contacting the seller and examining the project. However, they have delineated the top 2-3 local housing companies, hoping to negotiate a better discount.　　In addition, after the preliminary negotiations, this trip they signed 1 local trade city thousands of square meters of the right to operate shops, ready to provide "Zhejiang manufacturing" of the front-line brand to do the counter. Dubai the housing market in the short term, "when the skyscraper was set up, it was a period of overheating and when the skyscraper was built, that was the recession." "In 1999, Lawrence, The Economist, summed up a" curse ", linking the economic crisis to the building of skyscrapers, the ultimate performance of the local economic model, the completion of the skyscraper, also marked the end of the economic model, the recession followed. Over the past 100 years, this spell has been a frequent manifestation.　　Will Lawrence's curse come to the Dubai of the newest world's tallest building khalifa? "The Lawrence Curse has its credibility, and now is not the time to invest in Dubai property," he said. "Wenzhou Local economic scholar Jinlong that, whether it is investment Khalifa or other Dubai property, can not simply compare its house prices with the current Hangzhou, Wenzhou and other land, but should be based on its future trend." Because the operation is inconvenient, the situation is relatively unclear, if Wenzhou businessman invests the foreign real estate, generally favors the short-term investment. The premise is that the future is expected to be clear, and a larger increase, profitable. And the Dubai crisis has been less than 1 years, the local economic future is unclear, so that people can not judge Dubai Real estate 2-3 years trend. In contrast, Wen Shang has more real estate investment opportunities at home.　　Hainan Real Estate, for example, has doubled in the short term. Dubai Chinatown Real Estate Trading center data show that in the past few years Dubai real estate investment return from 2006 100%, to 2007 50%, and thenBy the 10%~20% of 2008, all the way down. Since the October 2008 financial crisis, Dubai prices have fallen by more than 50%. There is much debate in the industry about whether house prices are at rock bottom. Analysts pointed out that the Dubai property market after a period of decline, it is impossible because of the completion of a building and immediately recover, or even a short period of time is difficult to see signs of recovery. It will take at least 2-3 years to get out of the shadow of the debt crisis.