Welcome! Benvenuto! Bienvenue! Boa vinda! Recepcion! Willkommen! Добро пожаловать! 환영! 欢迎! 歓迎! أهلا وسهلا! Καλώς ήρθατε! Welkom!
In the last few weeks our office has witnessed a substantial increase in Boston real estate investment inquiries from international buyers. The majority have been from Europe, probably due to the Greek bailout and the fall of the euro. Despite the many economic problems in the United States, and I for one am very unhappy with the unbridled spending and borrowing of our federal government, the United States of America is still viewed as a safe refuge, particularly in times of uncertainty.
Real estate is tangible and Boston has a fabulous international image. Combined with the hyperinflation of many other international real estate markets, Boston property appears to be a bargain with prices generally under $1,000 per square foot. A client from China recently told me that Hong Kong prices are now around $4,000 per square foot. London and Moscow are even higher! So, to all of you wonderful visitors from abroad: Welcome, welcome, welcome to Boston!
