Articles on Eurozone Crisis

They're Coming To (Luxury Condos In) America: International Buyers Still Buying NYC Condos

International Buyers Invest in New York City CondominiumsEurope: it's a great place to visit, the food is almost uniformly delicious and their way of living frankly makes a lot more sense than ours. What Europe is not, or at least hasn't been lately, is especially economically healthy. You might've read about this in literally every newspaper printed, but if you haven't: here you go and here you go (and yikes). Long story short: a bunch of Eurozone countries are in pretty serious economic trouble, the Euro's value has declined precipitously, and economists are -- ominous music goes here -- concerned. Given that the rest of the world economy isn't in appreciably better shape, all of this would suggest that perhaps international buyers wouldn't still be snapping up Manhattan condos. You'd think that, but it isn't so. As Reuters reports, international buyers are still keen on high-end Manhattan condominiums.