For years, New York City, London, Hong Kong, Vancouver, Miami and San Francisco have been the target cities for foreign investors, looking to park their assets in safe markets away from corrupt governments. Most of these investors are coming from China, Russia and South America and they are looking for expensive residential real estate. This inward movement of outside investment has caused home values in these markets to explode to the high side, driving up values to unbelievable levels as high as $3000. per square foot.
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