CNBC interviews Weimin Tan on U.S. property prices
Posted by Wei Min Tan on May 23, 2021
Weimin Tan on CNBC about U.S. price to income ratio being reasonable, where prices are 3X annual income.
The US average price to income ratio is about 3x, which means the average house price is three times annual income. This shows the market is healthy. A bubble market is like Hong Kong where property price is 20x annual income.
What We Do
We focus on global investors buying Manhattan condos for portfolio diversification and long term return-on-investment.
1) Identify the right buy based on objectives
2) Manage the buy process
3) Rent out the property
4) Manage tenants
5) Market the property at the eventual sale
Follow On Instagram
Related Articles
Performance of the U.S. stock market S&P 500 vs Manhattan condos
Historical trend of the 30 year fixed mortgage rate