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Updated over 6 years ago on . Most recent reply

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Aryeh Devorkin
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US Real Estate Market compared to the European Market

Aryeh Devorkin
Posted

We are just beginning to learn about real estate and our family is likely moving from my hometown Milwaukee, Wisconsin to my wife's- Manchester, England, in about a year.  We are wondering if learning about the real estate industry in the USA and joining BiggerPockets Pro is worth it?  Are the principles, ideas, and knowledge in the American market and taught on BiggerPockets applicable and reciprocal, or at least similar, to those in Europe- and specifically England?  Is the real estate market in Manchester favorable, especially for a newly-arrived yank?  

Thank you for your time and consideration to these questions! 

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Michael Randle
  • Aurora, CO
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Michael Randle
  • Aurora, CO
Replied

Out of all the European countries, England will have the 'closest' knowledge based laws and practices to the US due to such a common history. But there are huge differences, think Texas (U.S.A.) vs San Fransico (England/EU).

I would say the worst market in the US to be a land lord, as in the least friendly, would rank as one of the best in the EU.

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