As most of you know from our posts and forums, I'm someone that feels like technology is allowing more and more people to invest in international real estate. I know from first hand experience having bought my first investment internationally in Jacksonville, Florida, while living in Seoul, South Korea.
While I admit it was challenging to go through the due diligence process being so far away, I recently was going through the Seoul REI Twitter feed, and found that many others like me, were considering investing internationally.
Here are some of the articles I found:
- The Chinese super-rich are about to flood the US real-estate investing market in US Real Estate - Business Insider
- China eases property investment rules for foreigners - The Economic Times
- More than 50% of Chinese citizens are now considering acquiring overseas real estate. - Inman
- How the Tech Industry is Redefining Real Estate - Realty Times
In the articles, you will see that the recent stock market volatility is behind some of this "flight to real estate." It makes sense - with stock market prices having little to do with underlying economic fundamentals, it's nice to have a concrete, income producing asset that will grow with inflation.
What are your thoughts on investing internationally in real estate? Too much risk? A smart way to allocate resources? Let me hear your comments below.