Visio Talk

If you we are talking about high-growth real estate investment I would say invest in areas where you will be sure that your capital will be safe and that there is a good chance of real growth in the medium term (say five to ten years). The big question, of course, is how do you identify areas like that? There are a couple of indicators I can tell you about. First, invest where the wealthy invest. It is a known fact that the wealthy are the least affected by recessions and depressions and the enclaves they create for themselves are therefore practically immune to the cyclical rises and dips experienced by the country as a whole. You might look at Palm Springs real estate , where some of the most beautiful and luxurious houses and condos in the United States are to be found. It is definitely the type of area where the rich are the dominant residents. Second, invest where slum areas are not likely to encroach. Even if there are luxurious areas near the centre of a former industrial city (Chicago, New York) I would say rather choose an area such as a small rural college town or a desert retirement town where there is little potential that these areas will be affected by spreading urban decay. Third, choose an area where the climate and the natural environment are conducive to human well-being. Again the desert climate of Palm Springs is a good option. People will want to raise kids there, work from virtual offices there and finally retire there. There will even be a dependable rental market in such an area. Locations that display all of these characteristics are the residential high-growth areas when it comes to a solid medium-term investment.

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