Real Estate by Joshua Dorkin | March 27, 2005Due to many factors, investing in property in the U.S. has become more attractive for foreign investors. Interest rates are still low, the dollar is especially weak, and international airfares are relatively inexpensive, all leading to increased activity from foreigners. “The leading countries of origin for foreign investors of U.S. property was Japan, Canada, the [...]
Read the full article → by Joshua Dorkin | March 25, 2005Real estate-crazed Americans have started behaving in ways that eerily recall the stock market obsession of the late 1990′s. In Naples, Fla., some houses have been bought twice in a single day, an early-21st-century version of day trading. Buying stocks on margin has morphed into buying homes with no money down. . . Read this [...]
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