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Updated almost 17 years ago on . Most recent reply

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Dollar Rising

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Posted

It looks like the dollar took a pretty substantial jump in value.

I'm not quite sure what that means for the American real estate.

European investors have been buying American real estate because, with low prices plus the exchange rate, it has been double cheap for them..Probably the change in exchange rates isn't a big enough change to make them stop buying.

I know that some of you are following both the stock market and foreign currency. I'd like to hear your opinons on what this is likely to mean.

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