With the US in a real estate down-turn, and the credit crisis negatively affecting capital markets around the world, real estate investors are looking to the emerging markets for opportunities.
Some emerging markets of interest include Brazil, Asia and India which are areas that are still growing at a healthy pace. While participating directly in these markets is not feasible for most individuals there are opportunities to get in on the action through REITs that invest in foreign real estate.
Final thought: While there seems to be much hype around foreign real estate investments on the web with plenty of "big" names such as Goldman Sachs, Lehman Brothers and Merrill Lynch chasing the money. However, the contrarian in me suspects the best opportunities are those markets that have already been beaten down. As the old Wall Street saying goes, buy when there is blood on the street.
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