“Blockbuster real estate deals are back and breaking records as cash from around the globe pours into U.S. office buildings, apartment complexes and other investment properties. Demand for property from warehouses to skyscrapers is booming, helped by more than six years of Federal Reserve efforts to stimulate economic growth by keeping interest rates low, and stockpiles of cash from overseas investors seeking a haven. Surging prices for the best buildings in big cities such as New York and San Francisco are driving the real estate recovery. Centrally located office towers are fetching prices 33 percent above records set in 2008.”
Related posts:
Obama order urges companies to share cybersecurity information
Afghan villagers flee their homes as US drones terrorize them
Why Mortgages Will Soon Be More Expensive
Charles Ramsey Interview, Cleveland Man That Found Amanda Berry
Theresa May says the internet must now be regulated following attack
Japanese university to retract Novartis study based on fabricated data
LSD and magic mushrooms could heal damaged brain cells in depression
Silicon Valley rents soar as tech gobbles space
Foreign investors: Why US bank may close your account
Biometric payments system trialled by Swedish university
Trump Unleashes CIA Kill Teams In Afghanistan
Thieves Loot Venezuela’s Reeling Oil Giant While Workers Flee
Edward Snowden's Leaks Will Not Lead to Change: Intelligence Experts
Iran to citizens: avoid U.S. travel due to ‘targeted Iranophobia’
Greek footballer given lifetime national ban after apparent Nazi salute