Most Globally and Nationally Influential US Cities (sales, buying)
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What Americans think of their most important and globally influential cities are and what people in the rest of the world think, are 2 very different things.
New York, due to finance, Washington due to politics, and LA due to Hollywood are, by far, the 3 big boys on the block where 90% of all American news that we get comes from.
The next 5 {in no particular order} are SF due to high tech, Seattle due to AZ,MS,SB, Boston due to academia and medicine, Chicago due to it's large size and business headquarters, and {what may surprise many of you} Detroit. Detroit is synonymous with "The Big Three" which effects the auto world across the planet and increasingly the world's environmental goals.
Every other city after that is really nothing more than a series of also-rans. D/FW, Houston, Philly, and Atlanta are important US cities but they really don't resonate with anyone else.
Houston is the energy capital of the world. Just because people are ignorant of that doesn’t make it less influential. There’s no way in hell it isn’t top 10 on this list.
to a certain extent you have to be known to be influential. Culture is what makes us human.
In pop culture sure.
When it comes to things like supplying a large part the world’s energy, it like denying climate change. You can pretend it doesn’t exist but it still has a huge effect on you.
There is seriously no logical argument for Houston not being in the top 10.
When it comes to things like supplying a large part the world’s energy, it like denying climate change. You can pretend it doesn’t exist but it still has a huge effect on you.
There is seriously no logical argument for Houston not being in the top 10.
definitely top ten but probably like #9. but hey, ive never been to Texas
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
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I am a firm believer in following the money trail. Foreigners clearly are signifying how influential and global certain specific cities and states are as evidenced by them plopping down anywhere from a few hundred thousand to several million dollars on real estate focused primarily in a half dozen or so states led by Florida (Miami in particular). Hard to believe they are doing this blindly and there is quite a difference from spending a few hundred dollars/year on a cup of coffee or software vs much larger amounts on US property.
“The number No. 1 location by far is Florida, which accounts for 20% of the market share of foreign purchased homes. California, Texas, Arizona and New Jersey also make the top five.”
I am a firm believer in following the money trail. Foreigners clearly are signifying how influential and global certain specific cities and states are as evidenced by them plopping down anywhere from a few hundred thousand to several million dollars on real estate focused primarily in a half dozen or so states led by Florida (Miami in particular). Hard to believe they are doing this blindly and there is quite a difference from spending a few hundred dollars/year on a cup of coffee or software vs much larger amounts on US property.
“The number No. 1 location by far is Florida, which accounts for 20% of the market share of foreign purchased homes. California, Texas, Arizona and New Jersey also make the top five.”
SF, Boston and NYC are the top three for foreign investments in 2018... in that order. NYC fell to third, Boston leapfrogged and for some reason SF fell a bit in total money.
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
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Are we talking real estate purchases/investment?
Florida remains the top state in which foreigners are buying property. There was a noticeable drop in all foreign purchases last year that was led by a decline in Chinese investment, which effects the West Coast much more than FL.
“Foreign investors continued to flock to Florida, according to the NAR report. One in 5 foreign buyers purchased their properties in the state. About 42% of Canadian buyers, often referred to as snow birds, purchased in Florida.
Behind Florida was California, which garnered 12% of international purchases. About a third of Chinese buyers purchased property in California, although that figure was down from the previous year. The next most popular destination for international buyers was Texas, especially for Indian and Mexican buyers. Arizona and New Jersey rounded out the top five, with North Carolina, Illinois, New York and Georgia not far behind.“
SF, Boston and NYC are the top three for foreign investments in 2018... in that order. NYC fell to third, Boston leapfrogged and for some reason SF fell a bit in total money.
Last edited by elchevere; 01-06-2020 at 01:16 PM..
You seem to be talking about residential real estate only, not commercial real estate.
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