Tuesday, May 6, 2008
Timeshare: nice idea, tough sell
Timeshare looks to be on its way to the Dubai real estate market. Buyers will be able to take fractional ownership of villas or apartments; in theory this opens up ownership to investors with smaller deposits, or holidaymakers looking to make regular visits to Dubai . Diversifying the real estate market is no bad thing, it brings new money into the market and keeps things spinning along. The market could be worth $1bn by 2010
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