According to a survey of Association of Foreign Investors in real Estate (AFIRE), the number of foreign investors in the real estate market in new York is growing rapidly. It is reported portal Property Investor Today.
95% of survey respondents said they will either maintain or increase their investment in the property States. The current situation on the real estate market in new York, rising prices and a huge demand from local and foreign buyers are indicators for positive predictions, as well as the victory of Donald trump in the presidential race. Trump has earned recognition for its contribution to the development of the real estate sector, and now comes the time when investments become the most profitable. Chief economist at Cushman & Wakefield Kenneth McCarthy notes that this situation has positive impact on the economy of new York as a whole.
In a study of AFIRE it is said that in ranking the most stable and profitable investments second place after the USA is Germany and in a number of developing countries named the best in China, Mexico and Brazil.
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