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The real estate market is bleeding and prices has gone down in almost all countries in the western world. The biggest loosers are US and Great Britain. In USA its not only the house prices taht suffers. The contruction companies also suffers. Buidling permits are down more than 35% and new constructions are down more than 30%.
But this is not the first time the real estate market is beaten. Anyway it is proven to be when markets are going down you can profit the most and get the best bargains. Here is one way go get into the real estate safely. ING Clarion Global Real Estate Income Fund. (NYSE:IGR) is a secure way to be an international landlord. With a well diversified portfolio of real estate companies across all markets including storage facilities, hotels, office building, hostpitals and, retail and residential. The ROI is good, 9% in dividend which is an okay return in a real estate bear market. The Doc |
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Thanks for the information. Good to know new stuff because I'm considering buying some property overseas.
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