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Skyliner

West Coast Investors Eyeing & Buying Upstate Property

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According to a frontpage article in the current edition of GSABusiness Journal, several Californian invesment companies are becoming heavily involved in the strong Upstate real estate market. One example is the Beverly Hills, CA company who partnered with a Miami firm to purchase Greenville Mall.

Read the story here! :shades:

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It's really just about anybody from anywhere that real estate has become far too over-priced. Greenville (and anywhere between Atlanta and Raleigh) is an excellent value and very attractive for out-of-state investors.

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The Upstate has one of the most natural disaster free environments in the world. The worst weather we get is the ocasional ice storm. Flooding only effects low lying areas, and its easy to escape since we have such variable topography. Our worst thunderstorsm are really that bad, and rarely produce tornados of any significance. Sooner or later more and more people will realize this fact :) I for one would get sick of having to leave for hurricanes every summer...... These investors are wise, IMO.

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...I for one would get sick of having to leave for hurricanes every summer...... These investors are wise, IMO.

Plus mudslides, wildfires, and massive earthquakes. Although Florida has its beautiful locations, it is very disaster-prone. Southern California also has its major areas with weather problems.

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