U.S. Is Most Attractive Country to Global Real Estate Investors
Based on a recent survey of its membership, the Association of Foreign Investors in Real Estate (AFIRE) has found that global investors point to the U.S. as having the most enticing real estate investment potential of any country in the world. Specifically, 37 percent of those surveyed cited the U.S. as having “the best opportunity for capital appreciation.” Brazil was a distant second with 16 percent.
Over half of the AFIRE membership believe the U.S. provides “the most stable and secure real estate investments” in the world right now. The number two slot in that category is shared by Germany and Switzerland. Of the top ten most attractive cities for global real estate investors, five were in the U.S. (DC, New York, San Francisco, Los Angeles, and Houston). In comparison, last year five of the top ten cities were in Asia. To read more click here.
Written by Will Smith on January 30, 2009