Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Why have there been 3,000 cars abandoned at the Dubai airport?]]>http://www.autoblog.com/2009/02/18/why-have-there-been-3-000-cars-abandoned-at-the-dubai-airport/http://www.autoblog.com/2009/02/18/why-have-there-been-3-000-cars-abandoned-at-the-dubai-airport/http://www.autoblog.com/2009/02/18/why-have-there-been-3-000-cars-abandoned-at-the-dubai-airport/#commentsFiled under: ,



You had to know it was going to end. Dubai's storied boom is starting to falter as the worldwide economic woes catch up with the nation's real estate and financial services-fueled good times. Abandoned cars are beginning to pile up at Dubai International Airport as overextended expatriates flee. Dubai throws debtors in the pokey, and if you lose your job, they yank your visa; two good reasons to drive to the airport and leave your maxed out credit cards on the passenger seat with an "I'm sorry" note. 3,000 cars are reportedly stockpiled at the airport so far, and with reports of 1,500 visas a day being cancelled, there may be a lot of dusty, cut rate luxury cars available for closeout prices.

[Source: Gadling, Photo: Bryan Denton/NYT]

Why have there been 3,000 cars abandoned at the Dubai airport? originally appeared on Autoblog on Wed, 18 Feb 2009 10:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>dubaidubai abandoned carsdubai airportdubai economydubai international capitalDubaiAbandonedCarsDubaiAirportDubaiEconomyDubaiInternationalCapitalWed, 18 Feb 2009 10:58:00 EST http://www.autoblog.com/feed/1462769/article-comments.xml http://www.autoblog.com/feed/2009/02/18/why-have-there-been-3-000-cars-abandoned-at-the-dubai-airport/1462769/article-detail.xml 1462769 http://www.blogcdn.com/www.autoblog.com/media/2009/02/nyt_dubai_580_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2009/02/nyt_dubai_580.jpg -1 2