Why The Best Time To Invest In Real Estate Is Now
Real estate is currently hailed as the favorite asset class of a plethora of big investors, including Starwood Capital Group chairman and CEO, Barry Sternlicht. The reasons are twofold: on the one hand, the demand for housing is growing in countries like the U.S. and the UK, while supply is low. Constructors of rental properties in the U.S., for instance, are having difficulty obtaining the finance they need without end users (tenants) being fully committed to a lease, and the costs of construction itself are projected to rise over the next few years. The second reason, Sternlicht told ...