LONDON-The United States economy doesn’t exactly inspire confidence – with no jobs created in August and a wildly swinging stock market – but because the rest of the world is facing even more uncertainty, core US areas such as New York City are the lesser of all evils to global investors.

Debt problems in Europe and a lull in Asian investing has forced property risk taking into hiding again, with global investment capital expected to drop 4% to $316 billion by the beginning of 2012, according to a recent report by DTZ. However, the only cross-border property investment location to post positive numbers is the United States, where capital has increased 3% to $114 billion. More than half of all funds targeting single countries are investing in the US, DTZ says.

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