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Old 12-07-2007, 03:01 PM
southernbelle southernbelle is offline
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Join Date: Jul 2007
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Quote:
Originally Posted by Goldberg Global View Post
Are you a real estate in North Carolina? America is getting some attention but emerging markets get more. America is seen like a secondary market and does not excite some investors, regardless of the weak dollar.
Maybe it is too do with Homeland security, high taxes on foreign income, political policy and quite expensive to get too. Hey and I am pro USA. *well not on all things, but generally.
First of all thanks for the reply, I was beginning to feel a little left out of the loop. I am a Real Estate Broker in North Carolina and as I said at the beginning of the thread I have felt for a long time that North Carolina would be an ideal location for people looking for holiday/investment homes, much more ideal than Florida. The weakness of the dollar (especially when compared against the pound) makes "getting here" fairly affordable. Maybe I'm short sighted but where else can a person purchase a 2500 square foot home on a couple of acres for less than a 100K (gbp) As for homeland security and "high taxes on foreign income" these things haven't hurt the thousands of foreign people who do invest in US property annually. I personally don't care for our "political policy" but I've learned in business to never discuss politics or religion.
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