A survey by the Association of Foreign Investors in Real Estate says that respondents will spend more on U.S. property in 2016, according to Bloomberg Business.
New York remains the top metro for foreign investors.
“This is a very strong response,” Jim Fetgatter, chief executive of Washington-based AFIRE, said to Bloomberg. Between issues in overseas markets like China, Brazil, and portions of Europe, “the U.S., at the moment, really is the safest place for them to go.”
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