3min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 329: Murali Neelakantan Looks at the World

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Impact of a Crash on the Real Estate Market

I anticipated a much bigger impact on the UK market than actually was born out. Nobody big firms didn't take a hit more than 10% of headcount. But I thought if it was going to be 10%, I might be in that 10%. Because I was the odd one out, right? And so I explored India, Singapore and Dubai as alternatives. One of my clients said, you can do everything that you're doing in London from Dubai. There is no real activity in Dubai and there is nothing that justifies its existence. You can be in real estate only if there's a scarcity. What's the value of sand in a desert? Nothing.

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