Burj Khalifa owner says $400B plan could fix US housing crisis in just one week

Oct 23, 2025 - 06:00
Burj Khalifa owner says $400B plan could fix US housing crisis in just one week
Dubai billionaire Mohammed Alabbar proposed a $400 billion plan to address AmBurj Khalifa's owner Mohamed Alabbar proposes $400 billion plan to solve U.S. housing crisiserica's housing shortage, estimating it could create 20 million jobs and significantly impact inflation. Alabbar claims the capital could be raised in a week, potentially deepening U.S.-UAE economic ties and leading to innovative urban development projects.