If I were to invest in Real Estate then i would have targeted New York.
New York is suffering from the same maladies as London: a slowing national economy met with slowing residential sales and a slumping absorption rate in the commercial sector. While big-ticket buys in buildings like 15 Central Park West continue to statistically mask the flattening housing market, the commercial sector is already showing strain. Based on figures from Newmark Knight Frank, rents in the highest-cost areas of Park Avenue and Rockefeller Center are starting to come down between 2% and 4%. Nevertheless, investors are betting on the long-term strength of New York and looking for deals in the increasingly volatile market.
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