Forbes has an item about the top ten global hotspots for real estate investment and there’s one pacific rim jewel that is missing.
The biggest fallers seem set to be Geneva, Zurich, Washington and San Francisco, while Vancouver falls out of our future top 20 entirely. The three biggest winners point to a rebalancing within Brazil, Russia, India and China, with the main cities to watch being Mumbai, Moscow and São Paulo. They look set for a dramatic upswing in their status, with each expected to climb by between six and eight places over the next decade.”
New York and London remain the No. 1 spots to invest in global real estate, but honestly, who can afford it? Soon, we may be asking the same thing about São Paulo.
Wait. Vancouver falls out of our future top 20 entirely? Why?!?