Cost Of Living in CITY7
Presenter Katie Jensen speaks with Mike Hynes, the Managing Partner of Kershaw Leonard
about the Cost of Living Report for 2010
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Mike Hynes, managing partner at Kershaw Leonard, talks about his company’s 2010 Cost of Living report
for the U.A.E....
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Dubai: Residents in the UAE are spending less nowadays because of lower rents, among
other reasons, according to Kershaw Leonard's 2010/2011 Cost of Living Report. Lower
property prices — including declining rents — have been the major factor in cutting
expenditure and employers have benefited from them as well....
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The report provides detailed information on accommodation, education, healthcare
and other essential expenses, along with up-to-date salary information across all
sectors. It is the seventh cost of living report undertaken since 2004 by Kershaw
Leonard, the Dubai-based HR and recruitment consultancy....
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Residents and visitors are feeling the pinch as the cost of living rises in the
UAE. Rents may have fallen, but salaries have remained stagnant and many have reason
to complain about life in general.....