Success in the real estate business was dominated by local concerns: e.g. knowing the preferences of local consumers, local regulations, or the best skilled workers locally. Increasingly, people are recognizing that the world is very big with many opportunities, both discovered and yet-to-be-discovered. This pair of postings will consider how internationalized might change real estate markets, from a residential and a non-residential perspective.
Let’s start outside of Canada to demonstrate some surprises. In China, some neighbourhoods copy famous places outside of China. For international visitors looking to buy, some real estate agents here organize bus tours. I think that the most interesting bit of this video is the questions being asked. Continue reading