C
ConcernedConsumer
Guest
Hi All,
I've read a couple of valid posts here about the low standard of property journalism which we are currently being subjected to in Irish newspapers. However I must say that the article titled "Every time you say Dubai, I wanna buy a little . . ." in yesterday's Sunday Indo was a new low - if you didn't read it, it's online at
www.unison.ie/irish_indep...e_id=12013
Some of the pearls of wisdom from Mr O'Keeffe in this article are
"Now is a golden opportunity for those with some money in their pockets pending their maturing SSIA's, to whack it into a laughably inexpensive investment in this burgeoning international city."
"Dubai International City is a dramatic new complex that is destined to be a world-class hub for international investors, traders and retailers from around the world"
"Dubai's also a no brainer - go buy."
Mr O'Keeffe doesn't trouble readers with any "needless complications" involving potential legal problems, rental demand, economic outlook (e.g. dependence on oil revenue). Considering some apartments in Dubai are coming with "free" Audi A4's (see the weekend FT), I think this sums up the financial incentives that some UK sales companies are needing to flog Dubai property!!
Property investment in Dubai may turn out to be a good investment but surely one would expect a little balance in the lead article of the property section of a reputable Sunday newspaper - or are these sections (including the articles by the newspaper's own journalists) little more than advertising at this stage?
ConcernedConsumer.
I've read a couple of valid posts here about the low standard of property journalism which we are currently being subjected to in Irish newspapers. However I must say that the article titled "Every time you say Dubai, I wanna buy a little . . ." in yesterday's Sunday Indo was a new low - if you didn't read it, it's online at
www.unison.ie/irish_indep...e_id=12013
Some of the pearls of wisdom from Mr O'Keeffe in this article are
"Now is a golden opportunity for those with some money in their pockets pending their maturing SSIA's, to whack it into a laughably inexpensive investment in this burgeoning international city."
"Dubai International City is a dramatic new complex that is destined to be a world-class hub for international investors, traders and retailers from around the world"
"Dubai's also a no brainer - go buy."
Mr O'Keeffe doesn't trouble readers with any "needless complications" involving potential legal problems, rental demand, economic outlook (e.g. dependence on oil revenue). Considering some apartments in Dubai are coming with "free" Audi A4's (see the weekend FT), I think this sums up the financial incentives that some UK sales companies are needing to flog Dubai property!!
Property investment in Dubai may turn out to be a good investment but surely one would expect a little balance in the lead article of the property section of a reputable Sunday newspaper - or are these sections (including the articles by the newspaper's own journalists) little more than advertising at this stage?
ConcernedConsumer.