Leader The Crash In Dubai's Real-estate Market Could be Good For Architecture, Says Christine Murray

摘要

I travelled to the United Arab Emirates last week to meet UK architects beating the credit crunch in recession-proof Dubai - and arrived just as the market took the biggest dive in the emirate's history. Newspapers were emblazoned with plunging blood-red graphs, as traders watched the economic lifeblood drain from the exchange's screens. As I met with architects, their phones bleeped incessantly with news of developers shedding staff and cancelling projects. One would have expected the mood to be suitably gloomy, with practitioners mourning the imminent death of unlimited budgets and iconic towers, but instead I found several architects welcoming the wobble.