Tuesday, January 20, 2009

The downside of development

The post below indicates that quick decision making in the world of nearly unlimited funds is a good thing.  It can be, but it can also lead to ridiculous decisions.  

As we were moving into our apartments workers were planting thousands of flowers on the roundabout near us.  The RA was beautiful.  You can kinda see it in this post.  Anyhow, a week before I left they ripped out all the flowers.  

On my campus there is a beautiful old building.  "Old" as in maybe 20 years.  (I will get a picture up after I return.)  It does need refurbishing.  Nah.  Let's tear it down and build new.  

Government expenditures on construction projects is likely to increase both in the US and the UAE; more so in the UAE.  Dubai was expanding faster than Miami, Pheonix and Las Vegas combined.  (That's not an exageration, I simply can't find the link to the story on tons of concrete and cranes in use in each city.)  That construction has gone from 100 to 0 in three months.  While many of the unemployed workers have been sent back to their native countries the companies have extraordinary excess capacity.  The government has promised to increase spending in construction to make up for some of the difference.

If I'm lucky they'll build more housing in Al Ain...

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