Why Is San Diego Popular With Global Real Estate Investors?
Why is the housing sector in San Diego so popular with global real estate investors? There are many residential markets to invest in on a national level, some with cheaper properties and more short sales than San Diego. Yet, real estate investing in San Diego still remains one of the favorite choices of domestic and global real estate investors. Aside from all of the positive statistics on the San Diego County housing market, this is one of the world’s favorite places to visit. San Diego has been named to numerous top ten lists. It boasts amazing beaches, endless varieties of activities for all ages, a top place for finding love and work, has fantastic weather, and even great pizza. This makes the area a fashionable vacation home destination year after year. It is a popular place to have a second home for the affluent, everywhere from New York to Japan. As a rising commercial and business hub, San Diego also boasts affordability and a high property price appreciation rate. On top of this, San Diego ranks as one of the healthiest U.S. housing markets. The city has the attention of many strong borrowers and buyers, as it has generated a lot of equity. This makes it more stable and reliable going forward. This is one of the more important elements for affluent investors that prize wealth preservation above rapid capital growth. Altogether, these factors make San Diego a safer and more appealing real estate investment for global real estate investors.