Why Invest in Emerging Markets?

Investment Analysis - Emerging Markets:


Developing countries, also known as the emerging markets, are fast becoming the driver of global growth. Why invest in emerging markets? To cash in where the growth is today, and for the foreseeable future. http://ow.ly/3pAKKc

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Donald Trump Launches Trump Towers Mumbai

MUMBAI - Residential Developments:


US Real Estate Magnate Donald Trump has unveiled Trump Towers Mumbai. The first and only Trump project in the city has been launched in collaboration with Indian real estate developer Lodha Group.

The tower, with its crystal glass inspired architecture, will feature three- and four-bedroom residences with interiors designed by HBA Singapore – the world leading hospitality design firm.

Mumbai /mʊmˈbaɪ/ (also known as Bombay) is the capital city of the Indian state of Maharashtra. It is the most populous city in India, second most populous metropolitan area in India, and the fifth most populous city in the world, with an estimated city population of 18.4 million and metropolitan area population of 20.7 million as of 2011.

Along with the urban areas, including the cities of Navi Mumbai, Thane, Bhiwandi, Kalyan, it is one of the most populous urban regions in the world.

Mumbai lies on the west coast of India and has a deep natural harbour. In 2009, Mumbai was named an alpha world city. It is also the wealthiest city in India, and has the highest GDP of any city in South, West or Central Asia.

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Foreign Buyers Boosting U.S. Housing Market Recovery

The U.S. housing recovery continues and international buyers are a big reason, with the Chinese leading the charge. Chinese buying is up more than 70% to $22 billion -- nearly 1 in 4 dollars of all foreign purchases, according to the National Association of Realtors.

Canadians are No. 1 in total homes bought, but the Chinese buy more expensive homes: An average price of $591,000.

The Chinese also bring a lot of cash to the table: More than three-quarters of their purchases were all-cash buys.

California is the biggest market for the Chinese, accounting for a third of their purchases.

Washington State, however, is coming up quickly, accounting for 9% of buys. It's followed by New York, Pennsylvania and Texas.
Why are they buying? Only 39% of Chinese buyers said they intended to use their purchases as their main home.

Some may buy condos for their children attending U.S. colleges. They hope that, in addition to saving on dormitory fees, they can make benefit from home price appreciation by the time the students graduate.

Others are becoming landlords, buying cheap homes in distressed economic pockets, like Detroit, and renting them out.
Still others use the homes as vacation properties a couple of weeks a year and rent them out the rest of the time.

In addition to the Chinese buyers and the Canadians, Mexico, India and the United Kingdom filled out the top five list. India also had a notable jump in money spent -- 48% growth.