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- 14 December 2008
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Hi All
I just read an article about the American Property market, talking about how San Francisco residential property is down 47% from August 2007!
I was wondering if anyone knows of any American managed funds which invest in quality housing, or even subprime housing in key American cities and collect rental yields?
As I can not afford to purchase a property there outright, I'd like to buy units in a trust or managed fund in the hope of a solid long-term gain as the market recovers there.
Thanks
Allan
I just read an article about the American Property market, talking about how San Francisco residential property is down 47% from August 2007!
I was wondering if anyone knows of any American managed funds which invest in quality housing, or even subprime housing in key American cities and collect rental yields?
As I can not afford to purchase a property there outright, I'd like to buy units in a trust or managed fund in the hope of a solid long-term gain as the market recovers there.
Thanks
Allan
