Asked by AndrÃ©, South Africa • Wed Jan 30, 2008
Many Americans are anxious about the real estate market. But foreign investors see U.S. apartments, hotels, shopping centers, warehouses and offices as good investments, according to a new survey. The weak dollar has made the American real estate market look attractive to foreign bargain hunters. The U.S. rose to the top of lists of the â€œmost stable and secureâ€ countries for real estate investment and the countries with the best opportunity for appreciation, according to the 16th annual survey of the Association of Foreign Investors in Real Estate (AFIRE)released Jan. 28. New York City and Washington D.C. were the top two global â€œCities for Foreign Investorsâ€™ Real Estate Dollars,â€ according to the survey. - Positive news for you guys?
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