Foreigners buying up U.S. property

by Joshua Dorkin on March 27, 2005

Due 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 United Kingdom, Germany and the Netherlands,” according to Mike Schneider of the Associated Press. Although rates are expected to continue to rise, foreign investment should continue due to the “relative stability” of the US market.

Read more from the Miami Herald.

{ 1 comment… read it below or add one }

1 The German September 5, 2008 at 8:00 pm

This is totally different from what I have heard elsewhere. They say that the US property prices and markets are instable?
Why would people from booming real estate countries like Japan and Germany come and invest in the USA?
Could someone please clarify?

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