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	<title>Global Crisis News &#187; Real Estate</title>
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		<title>Dubai brings down the world</title>
		<link>http://www.globalcrisisnews.com/general/dubai-brings-down-the-world/id=1286/</link>
		<comments>http://www.globalcrisisnews.com/general/dubai-brings-down-the-world/id=1286/#comments</comments>
		<pubDate>Sun, 29 Nov 2009 12:16:46 +0000</pubDate>
		<dc:creator>Rajat Anand</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Brazil]]></category>
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		<category><![CDATA[debt crisis]]></category>
		<category><![CDATA[Dow Jones Industrial Average]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[Dubai government]]></category>
		<category><![CDATA[Dubai real estate market]]></category>
		<category><![CDATA[Dubai World]]></category>
		<category><![CDATA[economic crisis]]></category>
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		<category><![CDATA[Hungary]]></category>
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		<category><![CDATA[Las Vegas]]></category>
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		<category><![CDATA[oil prices]]></category>
		<category><![CDATA[Palm island]]></category>
		<category><![CDATA[recession]]></category>
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		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=1286</guid>
		<description><![CDATA[
The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company and corporate biggie, Dubai World owes. The company is under heavy debts tallying up to tens of billions that were used to fund the real-estate projects from the Middle East to Las Vegas. The surprising [...]]]></description>
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		<title>Dubai hit hard by financial crisis</title>
		<link>http://www.globalcrisisnews.com/real-estate/dubai-hit-hard-by-financial-crisis/id=625/</link>
		<comments>http://www.globalcrisisnews.com/real-estate/dubai-hit-hard-by-financial-crisis/id=625/#comments</comments>
		<pubDate>Sat, 14 Mar 2009 18:47:16 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[expats]]></category>
		<category><![CDATA[global crisis]]></category>
		<category><![CDATA[global financial crisis]]></category>
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		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=625</guid>
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Once the epicentre of global boom with skyscrapers rising into the sky like mushrooms, today Dubai resembles a hungover partygoer. Retail stores displaying &#8220;80% off&#8221; discount signs in their stores and talk on the street about companies repatriating foreign workers is hitting Dubai just like much of the rest of the world.
The other headlines coming [...]]]></description>
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		<slash:comments>13</slash:comments>
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		<title>A quick solution for the housing and economic crisis</title>
		<link>http://www.globalcrisisnews.com/real-estate/a-quick-solution-for-the-housing-and-economic-crisis/id=151/</link>
		<comments>http://www.globalcrisisnews.com/real-estate/a-quick-solution-for-the-housing-and-economic-crisis/id=151/#comments</comments>
		<pubDate>Sun, 21 Dec 2008 16:59:21 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[mortgage crisis]]></category>
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		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=151</guid>
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I just read an interesting letter to the editor on The Seattle Times which although rather simplistic, makes a very powerful point. The letter to The Seattle Times editor reads:
&#8220;Editor, The Times:
Here is a quick solution for the housing and economic crisis:
In the next 30 days, require all banks that are receiving federal aid to adjust [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>The global crisis affecting commercial real estate</title>
		<link>http://www.globalcrisisnews.com/real-estate/the-global-crisis-affecting-commercial-real-estate/id=50/</link>
		<comments>http://www.globalcrisisnews.com/real-estate/the-global-crisis-affecting-commercial-real-estate/id=50/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 15:49:48 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[commercial]]></category>

		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=50</guid>
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A recent article in the Washington Post reminds us of the real estate market and how hard it is being hit. On the one hand due to countless companies downsizing or simply going out of business throughout the US, office space is being emptied
: &#8220;Nationwide, more than 19 million square feet of space &#8212; enough to [...]]]></description>
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