Those interested in price and earings comparisons that compare like for like migth want to check out UBS'
Wealth Management section which contains a report (
pdf). The data looks comprehensive, with understanding Dubai cost of living in the current climate an important issue. The data is good for comparing like for like and you will see some interesting comparisons both on the price and earnings side. However, you must put the data into context, and look at the "like for like" across the various components.
2 comments:
Good paper. Quite detailed.
'like for like' is the key isn't it.
So many expats complain about the cost of living here but are comparing their current 5-star lifestyle with a 2-star lifestyle 'back home'.
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