Should you invest in real estate abroad? Duddy Kravitz’s grandfather put it this way: “A man without land is nothing.” In today’s ever-roiling economy, should men and women take his advice as it relates to investing in property? The fictional character in Mordecai Richler’s Canadian literary classic The Apprenticeship of Duddy Kravitz was talking about […]
Wealthy Chinese gobbling up Silicon Valley homes
Silicon Valley is booming, and the Chinese are starting to cash in on the region’s housing craze. With tech stocks surging and IPOs sprouting up left and right, the area is in the midst of a real estate bonanza that’s attracting a wave of buyers from China. The average price of a home in Silicon Valley has […]
Bubblemakers Continue To Party In China
China September home price growth adds to government dilemma China’s home prices rose the most in nearly three years in September, adding to fears that a property bubble is emerging heading into a Communist Party leaders’ meeting next month. Average new home prices in 70 major Chinese cites climbed 9.1 per cent last month from a year […]
Real Estate Market: A Glimpse Around The World
You already know real estate in Canada is still hot, the legacy of Mark Carney lives on … In UK, it’s still party time … House prices in London surge 10% in a MONTH fuelling fears that the housing market is overheating Average price being asked by sellers increased from £493,748 to £544,232 Increase down […]
Mark Carney seems to know only one trick – “Unleash the consumer with free money” ?
Bank of England’s Mark Carney dogged by fears of U.K. housing bubble While it would be unfair to lay all of the blame for the policies on Mr. Carney’s shoulders, it is interesting to note that many of the factors now in play in the U.K. housing market were very much in evidence in this country […]
Paris Luxury Property Lures Overseas Rich as French Flee Taxes
When a 44 million-euro ($59 million) Parisian townhouse near the Champs-Elysees was snapped up just six weeks after it was put on the block, Charles-Marie Jottras knew the city’s luxury property market was turning around. The chairman of broker Daniel Feau, an affiliate of Christie’s International Real Estate, says the firm found a Qatari buyer for the […]