No schadenfreude is ever worth giving daily mail a click...
You can't trust anything they post anyways
this post was submitted on 18 Mar 2026
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Real estate prices in Dubai have actually dropped 30% as of a couple of days ago, if no other outlet has the story, I guess we'll have to read it here.
And I haven't seen anybody else reporting on it that have been linked here on World News.
The story is absolutely relevant to what is going on in the middle east right now.
Link a better story on it if you have one.
property developers listed on the Dubai Financial Market – has plunged by 30 per per cent
Perfectly in line with the info I have!
Excellent article describing a real problem, the source may not be liked, but the story is accurate in its details.
Edit PS:
If you can't point to any inaccuracies, then claiming muaahh Daily mail is baaaddd mua muah.
It's fucking tiresome, when people that claim that NEVER show anything regarding the articles that are actually posted.
Tabloid papers are known to be a mix of stories to sell papers and stories that justify their existence. All papers are like that to some degree. Grow up!!!!
if no other outlet has the story, I guess we’ll have to read it here
Nope.
You are assuming that it's true. The Daily Mail has no such requirement for its articles
No I'm not assuming the important things in the article are true, because they are facts. And there is no reason to not believe the rest.
We also have papers that have a bad reputation, but those same papers still have lots of good articles. I don't like how everything from certain media is disregarded, simply based on the name of the media, with complete disregard for the content of the article.
Never never ever have I seen anyone taking the effort to point to actual mistakes in such articles, they are merely knee jerk reactions, and I'm honestly getting tired of it, especially when it's an issue that is true and significant that we haven't seen brought up before.
How do you know they are facts? If the Daily Mail told me it was raining, I would ask two other people or just go look for myself. I do not trust what liars tell me. When other people corroborate the report, then I will trust it.
Because I've seen the key facts corroborated from 2 other sources already before reading this article. From news sources that specialize in the Iran war.
Ok so is there a link to these more reliable articles? Because I have not seen anything else.
Those were not articles, and for that reason can't be posted here.
One source I think was Jake Broe on Youtube a military analyst, and I think the other was an interview with Jiang Xueqin. A professor in game theory, who predicted that Trump would start a war against Iran 2 years ago, and also predicted that USA would lose, which they in many ways are.
One thing is that these are not mainstream outlets, and sometimes such details can only be learned, from sources that go in depth with specific issues.
The story in daily mail is not so much reporting on the news from Dubai, but more reporting on something that happened to British people living abroad. But the story still has value, despite it's a different angle.
If you make a search for it, you will find hundreds of results on the issue, but it hasn't reached major outlets yet, maybe because Trump has threatened media with penalties for reporting anything negative from the war, and calls it treason!?! So it is not without risk reporting this by a major channel in USA. Also Ellison an insane Nazi family controls a lot of American media.
Anyone who genuinely thought that Dubai was a solid long-term investment deserves to lose out. It was always going to collapse, we just didn't know that action in Iran would be the cause.
I thought McKesson was going to string Saudi Arabia along for years with "The Line" until the country collapsed. Oil based economies are in their final decades
I do think that this is the case. It also means that that the Texas oil barons will have to move into something new. This will be better for humans and the planet.
Why? Should't Dubai be able to continue being a trade hub?
Dubai is a country that produces nothing but petroleum. The only reason the royal family is rich is because of cars. There is nothing else made there. There is no other trade. The world is moving towards renewables, which means that you should expect it to slowly disintegrate.
Dubai doesn't have oil. They have been a trade hub and they can continue trading.
UAE exports oil. Dubai is part of UAE.
Dubai's economy centres on trade, tourism, aviation, financial services, and real estate.[12][16] The Dubai International Financial Centre (DIFC) is one of the world's major financial centres. In 2024, Dubai was the seventh most-visited city globally.[17] Dubai International Airport (DXB) is the world's busiest airport for international passenger traffic, handling over 92 million passengers in 2024.
https://en.wikipedia.org/wiki/Dubai
What changes if the oil is gone? The money will remain.
Good.
I hope rich people lose all of their wealth and have to live like the people they're oppressing.
"Expats"
They're expats when they're white
Dont worry, Blackrock will buys these for pennies on the dollar and make billions in 5 - 10 years.
Blackstone.
I keep correcting this because they get far less hate than they deserve while Blackrock gets a bit more than they do. Most of Blackrock is investment funds that invest into stocks, bonds, tradeable commodities. Much of their size comes from index funds in particular. Any of us can buy into those, and a lot have, even outside of the US (I had 5 digits worth of euros in iShares funds myself, but they're going to be moved out in short order now, nearly everything into European-run funds). Funnily enough, their controversies section on Wikipedia includes the fact that a bunch of red states didn't want to do business with them because of their ESG (environmental, social, and governance) efforts. Larry Fink himself says ESG isn't woke, it's just sensible for sustainability.
Blackstone is more about alternative investments and investing in specific companies, rather than broad strokes. And they're the guys who have a massive real estate department. They buy up whole neighborhoods so they can raise rents unilaterally. People don't talk about Blackstone enough, and much of Blackstone's bullshit gets put on Blackrock instead. I'm not saying Blackrock's a friendly and innocent giant company, but that we need more attention on Blackstone instead, because they're far worse.
As a poor American, maybe I'll move there.
You could not pay me enough to live there.
Ok actually you could, but it would have to be a fuckton of money in like 6-12 months so that I would be set for life afterwards.
Might get drafted and sent there.
It's a country built in slave labor where rich assholes think they are self-made, Americans will fit right in.
Who could've predicted war in the Middle East?
i can offer about £1.5k
womp womp
The sound you here is me playing the worlds stupidest violin
So sad.
Oh dear. How sad. Never mind.
Fuck greedhead Dubai expats, and fuck the Daily Heil.
It is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of heaven
-Tupac
Best I can do is about $3.50