アメリカ(海外)不動産投資で利回り２０％以上

答えは、カルフォルニア、ネバダ、アリゾナ、そしてフロリダ。
すべて投資、いや、投機の対象となったエリアです。

いずれも、いま話題のサブプライム住宅ローンのみならず、プライムの住宅ローンの滞納率が目立つのです。

たとえば、ネバダでは、プライムローンの滞納件数（3ヶ月以上の不払い）中、32%が、投資家案件、サブプライムで、24%が投資家所有（実住でない）だったということ。

詳細は、モーゲージバンカー協会から発表に。

ウオールストリートジャーナル紙が、8月31日に紹介しました。

Investment Homes Make Up
A Major Part of Mortgage Defaults

By Ruth Mantell
From MarketWatch

Mortgages for investment properties constitute a major chunk of defaults in four states with the fastest-rising rates of seriously delinquent loans, according to data released Thursday by the Mortgage Bankers Association.

Mortgages on non-owner occupied properties in Nevada accounted for 32% of prime mortgage defaults as of June 30 as well as for 24% of subprime loan defaults, the MBA said.

In the rest of the country, non-owner occupied homes accounted for 13% of prime defaults and 11% of subprime defaults.

"Defaults are on the rise in most parts of the country, but it should be recognized that it is not always the case of a homeowner losing his or her home," said Doug Duncan, the MBA's chief economist.

Rather, it's "often the case of an investor gambling on a continued increase in home values and losing that gamble," Duncan said in a statement.

Defaulted mortgages are those that are at least 90 days past due or in foreclosure.

In Florida, defaults for non-owner occupied property mortgages made up 25% of prime loans and 14% of subprime loans.

In Arizona, defaults for non-owner occupied properties made up 26% of prime loans and 18% of subprime loans.

And in California, non-owner occupied property defaults made up 21% of prime loans and 15% of subprime loans.

California, Nevada, Arizona and Florida were among the states with the fastest home-price appreciation over the last five years, Duncan noted.

"This rapid price appreciation attracted both speculators and home builders, a volatile combination that lead to an oversupply of homes that was beyond the capacity of the local populations to support," he said. "When this oversupply became apparent and prices began to fall, many of these investors simply walked away from their mortgages."

The MBA will release its next national delinquency survey in coming weeks.