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RIP – Dubai’s Dream Falling With The Price Of OIl

Posted under Uncategorized.

burj dubai tower photo
Burj Dubai Tower, still under construction Via:TagPuan

TreeHugger has posted many times on Dubai’s sometimes “green,” sometimes wretchedly-excessive building boom (please pardon one last requiem use of the now much out-of-favor “green“). The boom is over; and a crash looms for Dubai landlords and credit holders. Falling oil prices have a lot to do with it. See more from a CBS report, below the fold

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