I have been saying that the Washington DC Metro area will be the best place to own property in the world during the foreseeable future. Now I have confirmation from none other than Forbes that this is the case.
The article mentions the fact that the US Government is going to spend over $1Trillion in the immediate future on saving the country during the current economic crisis and that Washington DC will be the main beneficiary of this spending.
And for those of us in Loudoun County, we will more than certainly feel this surge in demand sooner rather than later as the Obama administration ramps up spending and programs focused on saving the economy.
Here is the complete list of the top 10 cities in the world:
- Washington DC
- London
- New York
- Tokyo
- Shanghai
- San Francisco
- Los Angeles
- Paris
- Houston
- Singapore