Provides a review and synthesis of the finance literature regarding
foreign investment and the real estate literature dealing with foreign
investment in US real estate. Addresses the motivations for investing in
US real estate, including the potential for increased returns as well as
the potential for risk reduction. Proposes an investment decision making
model indicating factors that foreign investors need to consider when
investing in US real estate.
Outlines the nature of the appraisal profession in the USA. Notes
that the USA has moved towards industry self‐regulation via licensing
and the establishment of minimum appraisal standards since 1990.
Concludes that the role of the Appraisal Institute and the Appraisal
Foundation have been paramount in these important developments.
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