When I said the cycle is not over and that we will see more investments.. I was talking about this:
L.A. Times:
Quote:
Forty percent of investors said they intend to spend more this year than they did last year, while 16% said they would spend less.
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Yes, the market will be peaking at one point, but not in 2017 and 2018. I am positive until 2020 and we have already a very long run.
Foreign investments are a key factor and the outlook is good. Forty percent to 16% is a huge number and not even close to a reversal.
Things can change quickly, but the trend is your friend and in that case a good one.
Quote:
Los Angeles ranks as the top choice in the U.S. for international real estate investors
Los Angeles is in a sweet spot in its real estate cycle that will make it one of the top choices in the world for buying property this year, a new report says.
The L.A. area ranked No. 1 in North America in a survey of global real estate investors who have a combined total of $1.7 trillion to spend on property in 2017.
Top choice cities for investment in other regions were London and Sydney, Australia.
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http://www.latimes.com/business/la-f...317-story.html