Monday, September 14, 2009

THE END OF THE WORLD IS UPON US!!!!!



Ok, so maybe it's not the world you were thinking about, but still, it is pretty big news to most of us in construction.

I remember in the not too distant past a young lad was attracted by the bright lights of Dubai and the tales that his friends spun of streets lined with gold (well, maybe not the streets, but the ironmongery at least) and he would salivate anytime someone merely mentioned the term 'Burj', but then, wonder of wonders! opportunity knocked for our young QS and he went for a week, and what a miserable week it was!, strip-searched in customs as though he were a common criminal, and forced to learn what it means to be a non-arab in an arab's world. and let me tell ya' brother, it sucks!

Sure every analyst within the industry today says in the news "Oh! Well we've always known Dubai's development was going to be unsustainable", puh-leeze, didn't stop you from singing along at the top of your lungs when the music was still playing. I specifically remember the O'Dolan guy in a special on the beeb (or channel 4) ranting about how he and 2 other investors jumped in on the deal, bought a few islands and were poised to make a killing. poor fella.

Don't get me wrong, I'm not saying I would've done any better had I been in their shoes, but God knows I'm certainly glad it's not me and the only thing that's left after the bloodbath is a collection of 'buy-to-let-ers" with more white elephants than you can shake a stick at, and nothing but "woe is me" in their mouths.

Not to mention one less surveyor at risk of developing a stress-induced aneurysm.

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