Description:Â Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months. But a little-noticed bill introduced in January could help bring a new source of desperately-needed liquidity to the sector: foreign investment.
Source: CNNMoney.com
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Date: 03/05/2010
Link: http://money.cnn.com/2010/03/05/real_estate/commercial_real_estate.fortune/index.htm
Questions for discussion:
- According to this article, how do taxation and government regulations affect planning by foreign and domestic investors?
- What are the consequences of these changes to foreign investment in real estate?
- Do you agree or disagree with this approach?
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