As much as we’d like to think we live in the best place in the world, foreigners increasingly see America as not so welcoming.
Well-to-do arabs used to come to America for medical treatment. Now they go to India, Thailand and Singapore. They are much more likely to buy in Dubai than in So. Cal.
Well-to-Chinese are now more like to buy in Asia, closer to home.
To a lot of people around the world, the American suburban lifestyle is boring and unliveable. If they have money, they’re unlike to move here to be isolated in mc mansions. If one really wanted a suburban life, American style suburbs are being duplicated around the world. Even Almaty, Kazakhstan has an “American Village.”