What Is A Problem To One Is An Opportunity For Another
January 28th, 2008 Categories: "Say What? Just Some Real Estate Talk
In some areas of the United States real estate has been in the tank.
This has not gone unnoticed by investors in foreign countries especially since the dollar is down against most currencies.
Investing in the United States has been a safe investment but it just got better. True what has distinguished the United States from other States is our stability and security. Other countries that investors feel are stable and safe include Germany and England.
But with the weak dollar real estate looks extremely good for the bargain hunters.
Foreign investors appear to be favoring retail, hotel, industrial, multi-family (apartments) and office properties.
The areas that have seen strong foriegn investments are the cities of New York, Washington, DC, Los Angeles, San Francisco and Seattle. Las Vegas is another area that is starting to look good to these bargain hunters.
It also appears that countries offering the best opportunity for appreciation aside from the United States are China, India, Russia and Mexico.
Article Source: Foreign investors love U.S. real estate by Prashant Gopal
No Comments yet
Sorry, the comment form is closed at this time.
