Trio Tower :: Chicago, USA

Irish Investor Demand Drivers

From an Irish perspective there are several benefits to invest in the US at present:

• US Interest rates have begun to decline and are forecasted to decline further.
• The current dollar / euro exchange potentially represents very strong additional buying power for Irish investors.
• The US real estate market is the most resilient and sophisticated in the world.
• There are minimal title, government, legal, or security concerns when buying in the US.

• Grubb & Ellis suggested that the US housing market will bottom out by mid-late 2007, creating a potential for substantial profits on investment.
• The US demographic and economic growth rates are both projected to outpace Europe.
• There is no stamp duty in the US, rather a much lower tier of transfer taxes.
• Capital appreciation on condos / apartments was 4.1% in Chicago over the past year; this is contrary to the general downturn trend.