Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Funds go on home buying spree in US
They are investing in homes in reviving markets to renovate and rent out
Looking up: The median price of a home in Brooklyn climbed 12 per cent in the past year. Prices for highly desirable one-family brownstones have leapt 40% in the last year to a median US$1.6 million. - PHOTO: BLOOMBERG
[NEW YORK] Standing in the dining room of the early 1900s-era brick rowhouse, deep in the Bushwick section of Brooklyn with not a frozen yoghurt shop or Starbucks to be found, Alan Dixon, an investor from Australia, struggled to tally the houses he had bought in the area over the last year....
Please log in to continue reading.
