The above is an interesting article from Bloomberg where they feel investing trends are heading in the United States
Nigel Kibel | Property Know How
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The above is an interesting article from Bloomberg where they feel investing trends are heading in the United States
Thanks for sharing Nigel,
I was hoping to see Toledo, Ohio as the #1 hotspot for all foreign and local investors ;)
Ill give it 2 more years before Forbes and Bloomberg come out with that news.
Thanks
EngeloRumora | Ohio Cashflow
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I think there are a number of good areas to invest in. I think what is important is that many wealthy people in the United States believe that property will be the Number one investment product in the United States for 2014
Nigel Kibel | Property Know How
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About 77 percent of investors with at least $1 million in assets own real estate, according to a survey released today by the New York-based investment bank’s wealth-management unit.
Does this include their home?
Cheers
Andrew
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auHi Andrew
Interesting question and it might as American can negatively gear there own properties.
I think the point of the article is that many people who are wanting to invest their money see Property as the top investment has strategy in 2014. The reasons are that the property market has bottomed while many believed that the share market may be over valued
Nigel Kibel | Property Know How
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Since the article was based on a survey which was conducted on millionaires, I was more interested to see some more specific figures:
* % of millionaires that bought investment property in 2013 and over the last 3-5 years, to see the trend
* % of millionaires that own more than 3 properties.
* etcCheers
Andrew
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auI think that what they did was to do a survey as to what they investment intentions would be over the next 12 months
Nigel Kibel | Property Know How
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