Q3 continued Palm Beach real estate’s 2015 characteristics of low inventory and attractive appreciation despite “headwinds” of: (i) the end of 6 years of Quantitative Easing in late 2014, (ii) the dramatic collapse of energy prices, (iii) the disquieting contraction in global economic growth, and (iv) wide spread geo-political unrest. While these factors have impeded momentum, they have nonetheless combined to make United States real estate one of 2015’s more prudent investment strategies. Per the “Economist”: America is “the world’s indispensable economy.” Another report attributes the relative performance of the U.S. to “TINA” (There Is No Alternative).
