I would like to ask of the general audience, especially those involved in real estate sales, is if there has been an increase in foreign buyers in SoWal. It would seem that the U.S. dollar decline would make U.S. real estate a relative bargain for people in Euroland or Asia. ( Remember when the Japanese were buying up premiere properties in NY, CA and Hawaii in the early 80's because the yen was so strong, could the same phenomenon happen now because the dollar continues to slide ). I know it ended badly for the Japanese but that was because of a host of reasons mostly related to domestic Japanese issues. ( Accounting and banking mostly ) I am interested in any actual or anecdotal evidence that you may provide. ( thank you kurt for the help ).
