US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg

Investors should be cautious with bargains in US subprime markets

Subprime real estate can offer tempting bargains, but investors should be wary of pitfalls, writes Peta Tomlinson

Topic |   Jones Lang LaSalle's International Property

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US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg
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Peta Tomlinson

Peta Tomlinson

Peta Tomlinson is an Asia-focused journalist who has lived and worked in Australia and Hong Kong. Making the most of her global mobile office, she contributes to South China Morning Post on topics including design, property, lifestyle and special reports.