with prices

in new network on 17 June, according to Singapore "Singapore United Morning Post" 17 days of reports, Arabia and the United Arab Emirates of Dubai once again facing the real estate market bubble threat. In the promotion of economic development, Dubai's real estate prices soaring, the construction industry has been bank loans continue to increase, the next display housing supply will increase.

"don't worry, no bubble". In the 40 layer high-rise overlooking the cheap nba jerseys Dubai expressway, hung a huge poster like this; but the reality is, local real estate bubble is increased.

supplies soared and demand not sustainable is a dangerous combination, six years ago that Dubai is in trouble, forcing state-owned enterprises to restructure the tens of billions of dollars in debt, set off a series of shocks in the global financial market.

this time, although the authorities aware of the risks, regulatory measures have been cheap jerseys taken cheap nfl jerseys to slow demand growth, but experts believe that, with the other face the same problem areas, such as compared to Hongkong and cheap mlb jerseys Singapore, Dubai government efforts too modest.

HSBC

chief economist Williams said: "the region now say peaked too soon, credit growth, this cycle in rapid."

he said: "such as loans increased substantially, complete with the economic order and the stability of real estate prices do not match. We should take a policy action, before bubble really appear, not while there."

real estate Consultants Co to knight frank, all the major cheapjerseys.us markets in the world, Dubai housing prices is the fastest growing, this year 1 to March rose to 27.7%, is the fourth consecutive quarter of the increase over the same period, the average rent rose 30%.

local real estate transaction volume has not yet reached the pre crisis peak, but demand is showing signs of a slowdown. Real Estate Company Propsquare said, with prices, trading volume over the same period of the year will be reduced by 25%.

authorities have introduced anti speculation measures, prevent investors from selling quickly flowers. At the end of last year, the government put the real estate transaction tax increase one times to reach 4%, the central bank also provides mortgage limit. Some real estate developers also take actions, such as provisions after the prices paid 40% before they can resell.

in Hongkong and Singapore, quick resale real estate tax of 15% and 30% respectively, compared with Dubai, the measure is too mild. The International Monetary Fund has warned, Dubai may also need to consider the Countermeasures of severe.