Boston real estate market looks good to Asian investors
The South China Morning Post (Hong Kong’s leading daily) has just published an article on Boston’s real estate market.
The founder of IP Global, a HK based international property investment company, is quoted: “Boston benefits from a strong local economy supported by growth industries such as technology, education, healthcare and bio-tech. Buoyed by strong demand and low inventory levels, the city is likely to see continued price and rental growth over the long term.”
Luna Management Group, a real estate services firm catering to Asian investors, also lists Boston as one of the three key US cities for Chinese buyers to consider, given its stable economy, advanced technology, and “advantageous polices, regulation and incentives on taxes”.
North Shore cities and towns should benefit from the ripple effect as the Boston market continues its expected recovery.
Read the full article: Boston regains Favour
This is very encouraging news on this snowy morning indeed. Thanks for sharing this bright spot of international interest in our Boston area real estate. Will hope this does trickle down to our North Shore area this spring.