The 10th annual survey by the Washington, DC-based Associationof Foreign Investors in Real Estate says the nation's capital andNew York are in a tie for the top spot. Then comes Boston, Chicago,San Francisco and LA.
The survey was conducted in early October among AFIRE members byKingsley Associates, a real estate research firm. AFIRE membershave more than $172 billion invested in cross-border real estatenationally and more than $272 billion globally.
Exactly 45% of the survey's respondents said that their primaryreason forinvesting in US real estate was a favorable risk-adjustedreturn. Other reasons included market fundamentals (36.5%),stability (23.5%), and diversification (20%). But only 10% citedthe US economy as a reason for investing in US property.
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