Tornado victims may face long haul with insurers
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Home sales continue to climb
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The answer varies widely but the current buzz word is caution. That does not mean to say that there are fewer opportunities in a time of recession, they come and go with the caprices of the financial climate but there are four criteria to consider: The cost, yield, growth and the stability of the market.
Whilst the US has had undeniable problems, they are self inflicted more by politics than finance. The nation remains one of the most stable economies in the world. The Dollar remains the premier international trading currency, US foreign aid is about $70 billion p.a., far more than any other country, and every major market in the world is dependent on US corporations for job creation and tax income. The US will come through this crisis and it is a stable market.
We have chosen The USA as a residential investment opportunity because it has stabilised and has a healthy balance between owner-occupiers and tenants which means there is a good exit strategy. Our researchers have identified good quality houses available at some 60% below their peak.
Investment management
They say that people have more respect for property if they find it in good condition. We believe this to be true which is why we make sure the property is in good shape when they move in and keep a watchful eye on the way they care for it.
Compared with any other investment controlled by nameless, faceless specialists, your investment in a USA property will be properly managed, maintained and the rent collected by someone you will know by name both here in the UK and in USA.