Should you invest in several $300,000 single family houses in a booming U.S. city such as Austin, Raleigh, Atlanta? Or buy a $1.5 million one bedroom Manhattan condo apartment?
Ultimately, owning single family houses provide better rental yield. But a Manhattan condo is a better long term hedge for diversification purposes given the global demand.
Read full article here: Several single family houses or Manhattan apartment?
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
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