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Dubai's high rents force Asians to sleep in cars |
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2/7/2006 7:54:10 AM |
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PTI
DUBAI: Rocketing rents in the United Arab Emirates are forcing some of the Gulf state's millions of Asian workers to sleep in their cars, a local newspaper reported on Monday.
The ‘Gulf News’ said unmarried Asian men in Dubai were living in their cars after finding more conventional habitats beyond their financial reach.
“At first I found it a bit weird to spend the night in my car but now I am used to it. I have been living like this for five weeks now,” said Subhash Dholakia, who works in sales.
An oil-driven real estate boom is pushing rents higher in the UAE by up to 50 per cent each year, with an average one bedroom apartment in Dubai costing around 56,000 ($15,250) dirhams annually.
Other living costs such as schooling, food, utilities and leisure are also climbing sharply, while salaries rose just 6.5 per cent on average in the year to August 2005.
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