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The Timing Could Be Right for Asian Investment in Residential US Land Markets
August 14, 2009
Chinese developers looking for land in Oz and US | www.propertywire.com
The overall residential housing market in the United States has been in severe decline since 2006 and related land prices have taken an even greater hit. This is particularly true for key markets like California, Florida, Las Vegas and Phoenix. So here is the good news. In recent months, many of the factors that drive residential land prices show signs of stabilization and in fact, some in the business are calling this a bottom.
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