Foreign Invasion: It’s Only a Matter of Time Before Capital from Emerging BRIC Countries Storms the U.S. Real Estate Market
As global wealth and savings expand over the coming decade, related growth in cross-border real estate investments may well approach $2 trillion, with a good chunk of it logically headed here. Emerging economies in China, India and Brazil will likely generate disproportionate shares of this capital — and it is pretty clear many individuals and institutions from these nations will look to park it in the best market of the most stable economy — the United States.
As growth among the world’s largest emerging economies continues spawning new investment capital, a pertinent question looms: Which of those revved-up economies appear positioned to start making direct investments in U.S. trophy properties and construction projects, much as the Japan Inc. did during its 1980s heyday? As various experts and research from Jones Lang LaSalle (JLL) suggest,