There are many reasons why the US market and specifically gateway cities such as New York will continue to be attractive to foreign investors. The Commercial Observer takes a look at the investment goals of foreign investors and explains which markets should continue to be attractive to them. Basically, they are looking for stability in both political and the economic sense. Some other markets such as South Africa or China might have a higher rate of return but they come with a higher potential of risk. While rate of return of investment may be slightly up or down depending on the point in the cycle, high net worth individuals according to the article are looking at their overseas holdings as a bank account. The Manhattan market continues to be attractive as that bank account and liquid. As such, Manhattan continues to attract foreign investors.
The Author- Brian Silvestry , a licensed real estate broker, has been selling residential and commercial real estate since 1999. He has sold in every Manhattan market from Battery Park City to Washington Heights.