Private Communities Newswire – One of the great things about the Internet is the opportunity to see how people all over the world view the same issue or problem. With international second homes in the United States such a hot item for so many years, it is interesting to see the BBC’s take on the $800 billion economic stimulus announced today. Publisher Steve Forbes was quick to chime in that “the worst is over” – and if this federal action is managed right, it looks like the housing market is a top priority.
Perhaps news reports, like those written by Geraldine Fabrikant of the International Herald Tribune just a year ago, will appear again to foster confidence in the luxury market and improve our outlook. If so, Florida may begin to see some of the positive signs in markets like Orlando, where second homes have been very popular with international buyers in the past decade.
