Australia looking to take over the US Real Estate Market

by Joshua Dorkin on April 1, 2006

What country is spending more money on US real estate then all the rest? Australia. Our friends down under have spent almost $700 million on California office buildings and shopping malls since November.

Find out why the Australians are so interested in investing in American real estate.

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Moneysmartz Personal Finance Blog
April 2, 2006 at 6:21 am

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1 Moneysmartz April 2, 2006 at 6:58 am

A recent post on Moneysmartz mentions your site. Moneysmartz recently launched with a mission of identifying the best personal finance websites and blogs. Here’s a link to the post:

http://www.moneysmartz.com/weblog/archives/blogs/real_estate_investing_blogs/index.html

Moneysmartz

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2 George Morris April 14, 2006 at 11:14 am

I remember when Japan’s economy was strong and we were weaker in comparison, the buzz was all about Japan buying up our real-estate, now we are worried about China and Australia? This kind of thing happens all the time, it’s just the ebb and flow of the world economy.

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