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Property Investment: The world’s most resilient cities

Investing in property internationally relies heavily on understanding the city you are planning on investing in. The Grosvenor Report has collected data from around the world to help investors see which cities are the most resilient in terms of real estate.

What are resilient cities?

The resilience of a city depends on the city’s ability to thrive as centres of human habitation, production and cultural development, despite the challenges posed by climate change, population growth and globalisation.

In real estate investment terms this means that a city will allow to preserve capital values and also provide sustainable rental income over the long term.

A city can improve its resilience due to the fact that just like a society, a city can adapt and change over a period of time. This due to governance, institutions, technology, wealth and the propensity to plan.

Resilience - Overall World City Ranking

The Grosvenor Report has shown that the three most resilient cities in the world are in Canada, namely Toronto, Vancouver and Calgary. The top 10 are rounded out by Chicago, Pittsburgh, Stockholm, Boston, Zurich, Washington DC and Atlanta respectively.

The weakest 2o cities are in emerging markets, eight of which are part of the so-called BRIC countries. Thus far the economic growth in these countries have not fed through to into the quality of life and long term resilience of these cities. These cities include Delhi, Guangzhou, Mexico City, Rio de Janeiro, Mumbai, Manila, Cairo, Jakarta and Dhaka.

What does this mean?

Low ranking cities in terms of resilience does not equate to low profit investment, short and medium term investment opportunities can be found almost anywhere. However, it is more advisable to find long term sustainable real estate investment opportunities. 

Using the report property investors can see which cities are more resilient in terms of long term investment and make a more informed decision.

Read the full report here


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