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Interesting Article on International Real Estate

April 30, 2006

"…more and more U.S. dollars are moving into foreign real estate. According to research firm Jones Lang LaSalle, Americans invested $12 billion in foreign commercial real estate ventures last year, almost double the amount spent in 2004. Meanwhile, global cross-border investment hit a record $475 billion in 2005."

http://money.cnn.com/magazines/business2/business2_archive/2006/04/01/8372804/index.htm

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One comment

  1. I would anticipate this trend to continue, especially for investing in vacation and 2nd homes. Global economies are not the mystery they once were. The Internet has created a global community. We are now able to get unbiased information from every corner of the world and this has helped create a confidence and understanding of the world’s nations and economies and the risks of investing abroad are now more measurable. I expect this trend to continue and even accelerate in certain areas..



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