Buy in Boston, New York, Milan and Singapore

Bay Area
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Sydney :sob:

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Sydney is a big bubble about to pop out of control…, :rofl:

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However I still don’t like SG market. It has too much government influence.

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Is there rent control in Milan? I feel that Milan is more attractive than SG

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What are the wages and growth in Milan?

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I’d rather buy in Fresno.

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I’d rather buy in Antioch.

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I’d rather buy in Austin.

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You guys are so much American First and America Centric!!!

Milan is a top economic hub in Europe. Without any rent control. I would buy a few condos for rental. Otherwise, buy one for vacation home. Milan has escaped terror attack so far.

http://bit.fieramilano.it/en/content/milan-breaks-new-record-where-10-gdp-and-25-italian-patents-are-produced-tourism-and

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It’s easier to focus on America because of the familiarity with the local tax and banking/mortgage system (relatively speaking). Personally I would love to invest internationally but I am too poor for the few locations I actually like :disappointed:

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Too much trouble investing internationally… Currency issues, language, local laws, restrictions on foreign investment… Why bother?

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Besides why buy in a big ugly industrial city… Buy in lake Como 1hr away

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I’m not serious about Milan yet. Just throw an idea to test the water

Another reason to avoid international is the lack of leverage. It would be hard to get a mortgage in a foreign country. But I’m still semi interested in a high potential foreign city. Milan could have potential, but history shows huge returns only happen in Asia or cities Asians flock to

How about saigon or other Vietnamese cities?