The Daily Mail reports this interesting but not surprising detail that Donald Trump’s presidency has encouraged Russian interest in the Miami real estate market.
More Russians searched for Miami homes more than any other foreign national group in the month of November, a report from the Miami Association of Realtors found.
A year before, Russians were in the number five spot on that same survey. Miami real estate remains an indicator for the art market. Could the Russians return to buying art if sanctions are dropped?
Real estate broker Oren Alexander told the Miami Herald: ‘Most high-net worth Russian clients are pro-Trump. ‘I’m already starting to see them come back. It’s really not surprising.’ […] Particular neighborhoods of note for the Russian moguls include Bal Harbour, Sunny Isles Beach and Fisher Island.