Best Places to Buy Real Estate

In case you are thinking about purchasing a real estate property, we recommend that you take a look at these real estate markets, suggested by New York real estate managing director Adam Hochfelder. Wealthy people from all around the world are always looking for new investments, and for many, that means investing in the United States real estate market. A recent survey conducted on over 30 00 people from all around the world, showed once again that America is the most desired destinations for living.

Some of the things that gave America advantage over the other countries were innovation, opportunities, and livelihood, but compared to other, America falls behind in democracy ruling and global conduct. According to Hochfelder's articles for Bigger Pockets, the current political and economic situation also helped America rank on the top. The survey included over 20 developed countries, and a few developing countries, that play different, but important roles in international relations, trade, and business, cultural and touristic activities. The highest ranking countries are mostly part of the Western market economy. Brazil is one of the developing countries that is ranked relatively high, and is placed on the twentieth position.

Representatives of the digital generation are increasingly influencing the current trends, and it is becoming more evident that “the reputation of the rich” has less and less power in their eyes. Egypt fell six positions down and is now in the thirty-third place. South Korea has shown substantial growth and moved up on from the thirty- third place, to the 27th place.

In terms of the United States, Houston was chosen as the most desired city, with the best living conditions. During the last few years, numbers of employment in Houston grew for 2.6 %, and nearly 50 000 Americans, most of them young and educated, moved there because of the good conditions. As Adam Hochfelder state on his Scalar blog, the average age for Huston residents is 33 years old. Cultural gatherings and happenings, as well as quality bars and restaurants, are also part of the reason why Houston has turned into America’s favorite destination.

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Adam Hochfelder

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