The profitability and stability inherent in real estate make it one of the assets of choice for preserving and increasing the value of money. In the US, the cities that have shown the best performance in real estate are undoubtedly New York City, Los Angeles and Chicago, although San Francisco has also been gaining strength and also Washington and San Diego.
In addition to the cities that historically have the highest level of development, Brooklyn stands out for having the ninth place with the highest investment in the country, the fourth in number of square meters built and the third with the highest added value, this according to data from the Association of Real Estate Developers (ADI).
“The Best Cities rankings are composed of experiential factors that people consider most important in choosing a city to live and visit, as well as empirical factors that business decision-makers consider important in choosing where to invest,” says Abraham Leser, founder and CEO of The Leser Group.
“The nation’s large cities face imminent and myriad challenges that will define their next decade and beyond,” says Abraham Leser. “At the same time, the pandemic has galvanized some cities to take dramatic actions that, if they are maintained long term, could help to make cities both more liveable and vibrant in the future.”