The Guardian's Steve Rose reports on the slowing down of development in the often-thought-invincible Dubai.
"Projects are being pulled left right and centre," he said. "Unless they've been funded by a sovereign wealth fund, they're being pulled. A lot of things have to be redesigned more cheaply, to sell at lower prices. Where people have made first down payments on projects, they're not making the second one. And a lot of what has been completed will be standing empty."
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Where are all the worlds cranes going to go then??
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