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Foreign Investment into US Real Estate - Trends and Opportunities
Aginsky Consulting Group, June 2009, Pages: 16
This article describes the US real estate purchasing habits of wealthy individuals from Russia and China.
In spite of the current turmoil in the U.S. real estate market, the U.S. still remains at the top of the list as the most stable and secure country for real estate investment with the best opportunity for appreciation. Though current financial turbulence plagues world markets, several economies are experiencing unparalleled economic growth. Both China and Russia continue to compete as front runners in the race for global economic power. Both of these countries have huge accumulated wealth, a growing taste for consumer goods, and a new burgeoning upper class with immense purchasing power. The wealthy elite in these countries have already identified huge opportunities in the U.S. real estate market and are willing to make such investments.
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