Why Overseas Investment in Real Estate Makes Sense
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The domestic real estate market is slowing overall and declining in some regions, but there are great opportunities for investing in real estate internationally are out there. The New York Times has an interesting article on this today explaining why investing in international real estate is easier and possible more lucrative than ever before.
First, worried about the apparent declining prices at home, they are looking to diversify, John Ferry writes.
Second, the growing number of real estate investment trusts, securities that trade like stocks and are backed by pools of investment property, has made purchasing foreign real estate, albeit indirectly, substantially easier.
There are at least 20 countries that have passed legislation allowing the creation of REIT’s in the last few years, and even more are considering the possibility, Stephen Blank, senior resident fellow at the Urban Land Institute, told Worth.
According to the article, the first French REIT’s appeared in 2003. Last December, Mr. Ferry writes, Britain approved draft legislation that would allow the establishment of a REIT market, so British-listed REIT’s should be available in 2007. German REIT’s are expected to make a debut within the next year.
Third, there are the returns. Since 2001, global REIT’s have outperformed equities “by a factor of five.” via New York Times.
Am I the only one that finds it odd that the ONLY place that looks to be seriously warming is ...
It seems there are numbers posted about how much it could cost the US in home sales from people holding ...
The only people holding off will be those that are financially secure and can manage to hold off. How ...
What an awesome way to generate traffic for a story. Were they trying to time that for Sweeps Week? ...
That's awful. I wonder if using that tactic , if a building can be sold or used as collateral. ...
Good point about people possibly holding off now. The 4.5 percent interest rate could be a self-fulfilling prophecy. 
wow this is a wonderful creation...............i would like to be there once even in my life time........... 
Absolutely agree with Jon, excellent site and very imformative. Keep reporting to us please! 
I will say that had I never been to that site and seen Dean's many deals that he documented and ...
Great Real Estate
post ... very interesting. 
