[quote=FlyerInHi]Talking about real estate trends is interesting.
Honolulu has plenty of buyers from the mainland looking for paradise.
Florida, and Nevada attract northern retirees and plenty of Canadians. Canadians are interesting because they blend in just like Americans, until you talk to them. Of course Miami is full of Latin Americans. NY is like the world’s melting pot.
I bought a few properties in Las Vegas. Happy about getting in at the bottom. One complex is about 50% Canadian. Lots of Californians.
In the end we are all Americans from everywhere. That’s what’s great about this country.[/quote]
Absolutely FlyerInHi. I love talking about real estate and watching the various trends around the world has been interesting.
I totally agree with you about Canadians. I have MANY MANY Canadian clients and they are investing all over the world. Especially in South America. Huge investment there by Canadians that like to have a place down there where the seasons are opposite and they go down for their winters and it’s summer down there.
I love that there are more and more Chinese investing here. Yes, as you mentioned FlyerinHi, San Diego isn’t one of the top tier cities for these “glamour” factors but it’s getting more and more exposure now which is wonderful. (Except for probably the locals that still haven’t bought real estate and need to. By becoming a “glamour city” attracting all of these foreigners will drive real estate prices up even higher at a faster pace.)