@henryfudgeofficial: immigration and house prices, tested in the one country where the argument should be strongest. The UAE is 88% foreign born. Dubai's population is up 85% since 2014. Yet the same apartment, revalued over the period, costs roughly the same as it did back in 2014. Rents just fell 6% in a quarter. It was never about the people it was about what the people land on, an inelastic shambles of a market or an elastic one. Dubai builds some 4-5% of its housing stock every year, Britain builds under 1%. That gap, not the immigration rate, is the rentier black hole. #rentierblackhole #economics #immigration #ukpolitics #dubairealestate
Henry Fudge
Region: CA
Friday 11 September 2026 18:52:45 GMT
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Ctzenof.world :
Dubai is not an example for anything.
2026-09-11 20:29:19
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wksixkme :
Does Dubai give citizenships to those citizens? Do they become ethnically from Dubai just because theyve lived there for 5 years? Are those people able to get benefits the second they get their citizenships?
2026-09-11 20:22:41
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michaelsheehan491 :
Rent fell because of the war
2026-09-11 19:18:53
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kama normal :
I like how all this guy's videos. the solution is basically a government that plans and cares about you.
2026-09-11 20:23:30
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Howardthegoose :
I like that we’ve abandoned the pretence of this being a Topic of the week style thing and and acknowledged that this is the Rentier Black Hole Show.
2026-09-13 11:02:43
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Floggedhorse :
Ah but Dubai is wealthy, a middle ground between East and West
2026-09-11 19:11:12
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tequila_au :
Sure, immigration is not a problem a long as housing supply can grow easily. In the west, there are many restrictions
2026-09-19 05:12:37
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Davis :
They have a lot of oil
2026-09-11 19:24:22
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H J :
Best country on earth
2026-09-11 19:03:08
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london.bird :
Congratulations on your wedding!! Your wife is stunning!!!! 💃⭐️♥️♥️♥️
2026-09-11 19:22:23
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Oliver Wolfendale :
also in Dubai they have land speculation rules in most areas. For example in JVC the land can only be sold once by the original investor who bought it off plan many years ago. When a developer buys the land of the original land banker they have to start work on the site within 6-9 months or face penalties they will also be blocked apart from exceptional circumstances from selling the land on for a profit.
2026-09-13 19:44:26
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ani :
Isn’t this what happened in Manchester? When they built a ton of new supply?
2026-09-12 23:39:00
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Dr Love Muffin :
If you want a apples to apples comparison Huston, to Dallas Texas. Would be very interesting for your thoughts.
2026-09-11 19:04:21
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user7948628456765 :
In the Uk, is it the case that developers slow building so that the market isn’t saturated?
2026-09-11 19:07:35
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Vaulted Wholesale :
Can you make videos on financial literacy and the economics of being financially literate
2026-09-12 09:27:40
1
mfuchak :
What about Bangkok. They keep developing and not enough people are buying yet the prices are stagnating
2026-09-12 05:20:43
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Hellstrom :
Mathematics is easy after... but difficult before.... a fact is that the future cannot be calculated... u know this fact?
2026-09-11 22:21:21
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TheMan :
Excellent post
2026-09-11 20:49:38
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jkballin :
Top shelf stuff, thank you for the new perspective. I'd love to understand why and how some cities are able to maintain elastic housing supplies and why other cities fail. How much of it is geography and how much is nimbyism. Is there a clear set of policies that always succeed? If Dubai can do it, then I suspect the rest of us aren't quite cooked yet.
2026-09-11 20:01:22
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Breel :
Can the data be trusted if it comes from the UAE? As the real estate market is huge, I feel like no one would want to see the prices fall and therefore I would imagine the data might be altered.
2026-09-15 07:33:30
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Nagy Bálint :
what do you think about Vienna?
2026-09-13 20:49:38
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dkrfamily :
There are also rent controls and extremely strong protections for tenants….
2026-09-18 16:59:57
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haroldsacks :
I’m guessing the fact the plumbing- like in Burj Kalitfa- is questionable, hence property market will be a bit… different.
2026-09-16 09:21:59
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Human 86 :
Different imaginations!
2026-09-15 21:08:13
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stella_sapiente :
I can't tag you so I'm leaving this as a comment on your most recent video. do you have an opinion on US trade representative Jameson Greer? he appears to at least have the ability to back up his arguments, but I suspect that a deeper dive would find that it's not as stable.
2026-09-12 15:32:47
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