What guides us
The dynamics of the United States
A residential real estate market in lock-down? Not in the United States, a continent with an annual population growth of more than 4 million people.
The US has unique employment and housing dynamics. Due to a high degree of transparency, prosperous areas are easily distinguished. Areas with above average growth rates of both economic activity and population are clearly defined. One can feel the economic power, the optimism and ambition to provide people the very best in housing, employment, education and other facilities.
Those are the areas we consider our main targets, where we see the potential and monitor opportunities. Is that feasible from a distance? Definitely not. Geographically the United States are many times bigger than Europe. Therefore a local presence with local people is of the utmost importance. Hands-on experienced people with a significant and successful history in the business, relevant expertise, an outstanding reputation and preeminent contacts and relationships within the real estate industry are the keys to our success.
So many options for investors
A single-family home with a 2 acre lot garden for US$ 10.000 or a 500 sq. ft. Student apartment for US$ 100.000 (that had a value of US$ 60.000 three years ago)? Location is the key word for residential real estate, all the more in a country of extremes like the United States.
In the United States every year, more than 1.5 million new homes are needed. Especially in areas with strong economic growth like Atlanta and Houston. Metropolitan areas that create new jobs and attract new people, at such a pace that housing is scarce and will remain so in the foreseeable future.
In 2050, half of the Dutch population is 45 years of age or older. In the United States the average age will be 35 years! Consequently an enormous reservoir of potential first-time home buyers will develop in the coming years. Those are market developments that drive our investment decisions.