Risks
Think twice before you invest in overseas property. Buyers who do so are taking a risk and may not be protected by the existing ordinance. >>>
Chinese people have developed a new craze: real estate investment. The sale of "one-dollar
But the enthusiastic comments and conjectures that online discussions have generated over the development are devoid of a real understanding of the situation.
Even if the annual property tax charged by the US government is ignored, the socio-economic factors involved in such ventures make investing in real estate in Detroit a "no deal".
The "rock bottom" price of property in Detroit could be the result of a cyclical crisis rather than the decay of its pillar industry. The crisis could also lead to social unrest, which would be anything but profitable for investors. >>>
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