Indians Buying Homes In The US

Quite a few resident Indians are becoming  global landlords by picking up  inexpensive houses in the USA. For these affluent Indians, the US real estate is a security blanket. Faced with what some of them consider  bubble real estate prices in major Indian cities and a sometimes jittery Bombay Stock Exchange, they are joining a wave of buyers from other countries who see the recovering US housing market as one of the best places to put their money in these days.

The most popular areas where Indians buy homes are in and around Silicon Valley, where technology firms heavily recruit from India; in the Boston and Philadelphia areas near universities that have numerous students from India; and in suburban areas of New Jersey and in Queens, where there are established Indian-American communities. Read more of this post