Luxury Vehicles Are Deserted Amidst Economic Problems in Dubai
Michael Hemsworth — May 30, 2013 — Autos
References: zawya & messynessychic
Although the city is known for exuberant wealth and prosperity, the economic problems in Dubai have lead to luxury vehicles being abandoned in the Dubai International Airport parking lot by fleeing residents. Speaking of the Dubai economy, London-based Capital Economics explains that, "the scale of the liabilities accumulated in the boom years means that Dubai's debts are likely to cast a cloud on the horizon, leading to periodic bouts of market volatility."
Photos of abandoned vehicles have been popping up across the Internet from photo journalists to travellers visiting the prosperous city. While the various snaps seen here range from several years ago to the present, it's a vivid glimpse behind the glitz the city is known for and is catching the attention of people worldwide. Although some forecasters might believe that the city is out of the uncertain times, it's clear that keeping an eye on the economic problems in Dubai is a must for everyone across the globe.
Photos of abandoned vehicles have been popping up across the Internet from photo journalists to travellers visiting the prosperous city. While the various snaps seen here range from several years ago to the present, it's a vivid glimpse behind the glitz the city is known for and is catching the attention of people worldwide. Although some forecasters might believe that the city is out of the uncertain times, it's clear that keeping an eye on the economic problems in Dubai is a must for everyone across the globe.
Trend Themes
1. Abandoned Luxury Cars - Opportunity to explore new sustainable solutions for ownership and disposal of luxury cars in times of economic crisis.
2. Economic Recession Impacts - Opportunity to create innovative financial products and services that cater to high-end consumers in times of economic uncertainty.
3. Visual Social Media - Opportunity to create captivating visual content, such as photojournalism and artwork, to highlight economic disparities and their impact on luxury markets.
Industry Implications
1. Luxury Car Manufacturing - Opportunity to re-evaluate luxury car ownership models and find new ways to incentivize consumers during times of economic hardship.
2. Wealth Management - Opportunity to provide financial planning services and products tailored to high-end consumers who may be impacted by economic uncertainty and market fluctuations.
3. Social Media Marketing - Opportunity to harness the power of visual platforms to showcase luxury products and services, even in times of economic instability.
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