Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Friday, October 31, 2008
Survey: The World's Next Great Cities - Realtor Magazine http://www.realtor.org/RMODaily.nsf/pages/News2008102804?OpenDocument
Here's the list, without having to click on the link:
Daily Real Estate News | October 28, 2008 | Share Survey: The World's Next Great Cities
Cities that were not so long ago little more than big fishing villages are rising to global commercial prominence.
Using the MasterCard Worldwide Emerging Markets Index, which ranks 65 cities in 30 markets on the basis of business environment, economic growth, and financial services environment, Forbes magazine chose the world’s next great cities.
Turbulence in world markets is affecting some of them, but others are mostly escaping these issues.
"Many of these emerging economies have not been as financialized as those in established countries," said Saskia Sassen, a professor on Columbia University's Committee on Global Thought.
Here are the top 10 emerging cities:
1. Shanghai, China 2. Beijing, China 3. Budapest Hungary 4. Kuala Lumpur, Malaysia 5. Santiago, Chile 6. Guangzhou, China 7. Mexico City, Mexico 8. Warsaw, Poland 9. Bangkok Thailand 10. Shenzhen, China
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Here's the list, without having to click on the link:
Daily Real Estate News | October 28, 2008 | Share
Survey: The World's Next Great Cities
Cities that were not so long ago little more than big fishing villages are rising to global commercial prominence.
Using the MasterCard Worldwide Emerging Markets Index, which ranks 65 cities in 30 markets on the basis of business environment, economic growth, and financial services environment, Forbes magazine chose the world’s next great cities.
Turbulence in world markets is affecting some of them, but others are mostly escaping these issues.
"Many of these emerging economies have not been as financialized as those in established countries," said Saskia Sassen, a professor on Columbia University's Committee on Global Thought.
Here are the top 10 emerging cities:
1. Shanghai, China
2. Beijing, China
3. Budapest Hungary
4. Kuala Lumpur, Malaysia
5. Santiago, Chile
6. Guangzhou, China
7. Mexico City, Mexico
8. Warsaw, Poland
9. Bangkok Thailand
10. Shenzhen, China
Source: Forbes, Matt Woolsey (10/23/08)
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