In October to Dec there had been quite hot arguments about Dubai Property fall. At that time some of our friends were denying. This article reminded me the old time [Not very old only 6 months old]
Five stages of real estate grief
1. Denial (circa September 2008):
Example – “Everything’s fine. This time next year, we’ll be millionaires”; “This can’t be happening, not to us - we’re decoupled!”
2. Anger (November 2008):
Example – “Why us? It's not fair!”; “How can this happen! We want our money back!”
3. Bargaining (January 2009):
Example – “I’ll sell at what I paid for it, but not a dirham less.”; “You’ve stopped building, so I’ll stop paying. Let’s call the whole thing off”; “How’s about I just take my deposit back, and we forget about the whole thing?”
4. Depression (April 2009):
Example – “I’m screwed, absolutely screwed.”; “What did I think was going to happen? That the good times would go on forever?”; “I’m off home, leaving my life savings behind me.”
5. Acceptance (May 09):
Example – “It’s going to be OK. Maybe not this year, maybe not next, but it’s going to be OK”; “I can't fight it, so I may as well prepare for it. Things will recover, and I’ll be ready for when they do.”
http://www.arabianbusiness.com/555367-five-stages-of-real-estate-grief 
