DUBAI IMPLODES AND ANGELINA JOLIE IS BACK AT WORK
Photo Credit: Splash News
Dubai bubble has burst and this time it’s the super wealthy and celebrities taking the hit. Many celebrities, from Brad Pitt and Angelina Jolie and Michael Jackson to the Beckhams thought they were getting a great deal when they invested in real estate and lavish villas in blossoming Dubai. They started making money overnight and all was well until everything crashed there. Now everyone wants OUT. The property values have dropped 50% so far, and with for sale signs popping up everywhere, it’s going to get a lot worse. Boo hoo. Maybe that’s why Angelina shelved the idea of taking time off with her kids and she’s back to work filming “Salt” in Washington DC.