Originally Posted by georgihh

That’s the point – no body knows the real value
A lots of cash is available in UAE – that’s pushing the prices up
On the other hand the market is going to settle down (when I don’t know – maybe when the dollar stabilizes and the petrol drops down)
We don’t know what the real value is - play safe and invest in a property where you can net 7-8% per year.
The show is not going to last forever.

Ok the government will never let the market collapses but some people will suffer.
People are saying as far as the price of the petrol goes up the property market will go up, but the output of the petrol is limited and the property supply increases every year until we reach the point when the petrol money go somewhere else. This will be the turning point.