What Credit Crunch? Seven Booming Real Estate Markets
As the current global credit crunch takes its toll on several of the world’s most resilient economies, we have identified seven emerging regions with thriving real estate markets and economies fuelled by soaring commodity prices or booming manufacturing & services industries. With increased access to mortgage finance and a strong commodities boom, these markets are powering-on while the rest of the world powers-down.
Amidst the growing number of emerging economies, the strongest four emerging markets bracketed by Goldman Sachs as the “BRIC” countries that collectively represent the world’s economic future are Brazil, Russia, India & China. Property investors in these regions are currently capitalising on growing housing demand and rising living standards.
In a recent interview with the International Herald Tribune, the head of emerging markets strategy at Morgan Stanley Jonathan Garner, advised investors to acquire land in BRIC emerging markets and also buy real estate & construction stocks directly or through REITs.




Monday, June 16th, 2008
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