Trio Tower :: Chicago, USAChicago - Interesting FactsThe US economy continues to be one of the most dynamic in the world. It is rated among the most competitive nations by all the top economic think tanks, and has shown through the years its ability to quickly pull out of economic slowdowns and short term economic shocks to the system.
 The US economy is one of the most resilient and dynamic in the world and is widely believed to represent one of the best long term potential for capital appreciation of any overseas location.
There are minimal potential title, government, legal, or security concerns that are still often problematic with Eastern European countries
The US economy added 2.296 million jobs in 2005 and was projected to add an additional 2.5 million jobs in 2006. This trend continued in 2006 leading to a reduction in the overall employment rate in the US to 4.6% according to the September release of the US Bureau of Labour Statistics.
While most major economies in the EU, and particularly amongst the new entrant economies, are forecast to have falling populations over the next 20 years, the US population is projected to continue to grow strongly. A rising population is essential to underpin property price growth in the long term.
The US population is expected to grow from 300 million in 2006 to 335 million by 2020 and to an enormous 420 million by 2050 (www.census.gov).
The US demographic and economic growth rates are both projected to outpace those of Europe.
The current US dollar/euro exchange rate remains favourable for investing in US real estate. The current exchange rate could be perceived as providing Irish investors with 30% to 35% more buying power in the US market.
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