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Global Real Estate Investors

The BRIC (Brazil, Russia, India, and China) countries are the world’s largest emerging economies advancing into the next generation with fast and rapid growth momentum. These countries likely to overtake the US economy and would make up 22 percent of the global economy by 2015. However, the property markets in the BRIC countries are still within reach and expected to flourish in the next 10-15 years. The time may be just right for global real estate investors to make some money investing in these countries.

New Zealand’s government to buy quake damaged houses

New Zealand’s government has offered to buy thousands of properties in areas in Christchurch, the country’s second largest city, because of the damage done by recent earthquakes. The government has set up a website, www.landcheck.org.nz, to help property owners work out which zone they are in.