The Diminishing Advantage of Living in Dubai
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Living in Dubai was heaven for expats 10 years ago, no taxes, cheap rent, crime free, no traffic, nice people, stress free, great place to bring up your family, good salary since living expense were cheap and best of all stable.
So my question now is, these advantages seem to be diminishing, the new expats who cant compare and only know what they see , most think this is the best thing ever, Is it worth all the trouble because the salaries are good? The buying power is always diminishing? Is it still better than being back home with your respective family and friends? Or is that not as important and making the extra buck make it worth while?
Your comments…
There’s a Murphy’s Law…which states that in any hiearchy one tends to rise to one’s level of in-competence.
The same goes for success stories, Dubai too is a success story, let’s just hope that we do not go the way of other great civilizations…
The success itself, becomes a failure…
^^ yes dubai is a success story…but it seems that we are paying a price for it…
I read this article and also an article in 7DAYS a couple of days back on the current expenditure trend in the capital…in the article it said that 45% of expats annual salary goes into rent…and food and groceries comes next in line and so forth…also in that article i read a pretty interesting fact that 41% annual budget of abu dhabi represents the salaries of emarati’s which represent only 22% of the working population…
you cannot help but wonder on where all this is going…
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