Business  Real Estate
Israelis 2nd in US real estate investment
Ofer Petersburg
Published: 15.11.10, 07:50
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6 Talkbacks for this article
1. I don't think so. China is more likely #1 in real estate
Rivkah   (11.15.10)
purchases in America. They are sure buying up real estate in California and Las Vegas and a lot of other places. Canada and Israel don't have the dollars China has.
2. Another reason o visit TLV Expo
Daniel ,   Tel Aviv, Israel   (11.15.10)
TLV Expo will group Israelis investors and companies and individuals that are active in overseas markets. This artice only emphasize the purcahsing power of this market.
3. #1
mark ,   ca   (11.15.10)
Don't mix private and government investment.
4. huh?? article hard to understand
david ,   new york   (11.15.10)
$441 million. that doesn't sound like a lot of investment for 6 months. how does this get to be "the second highest"??
5. Buy real estate assets & commodities, not US$
Ozraeli ,   Australia   (11.15.10)
The $441 million probably refers to a diversity of smaller projects and/or Israeli equity, not including borrowings and joint ventures. I certainly hope that Israel (I refer to the Bank of Israel as embodied by Stanley Fischer) and individual Israelis have the wisdom to invest in worldwide real estate & agricultural projects, land, minerals and/or precious commodities (gold, silver, platinum, diamonds, rare metals, mines, etc), rather than continuing to try and prop up the depreciating toilet paper the US $ is turning into. The recent additional $600 BILLION "quantitative easing" (printing paper money with nothing behind it but words) is another step in the self debasement of US currency. I hope Israel develops a "Sovereign Wealth Fund" for investment overseas, like China, Kuwait, Dubai, Saudi Arabia, etc, instead of continually buying US dollars, Treasury Bonds, or even other depreciating foreign currencies. Paper is exactly that-paper; is wholly dependant on the promise & premise behind it; & is far too easily manipulated or rendered worthless.
6. #4
mark ,   ca   (11.16.10)
US real estate market in the last few years going down the hill. As a very long term investment it maybe a good idea ,but it will take many years to recover. States like NV,CA and Fl at the top of the list with a huge number of unsold real estate. Investors,in many cases,holding back.
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