I would say yes it would make US property market more appealing to people outside of the US with strong currencies. At least in theory. I think what offsets this is that RE is the most inflated asset in the US economy right now. So its appealing but not that appealing. Also the entire globe has its eyes on the struggling US housing sector. You may see some people take advantage of the weak dollar and buy in Beverly Hills and other nice areas but you won’t see properties being bought with foreign investment for quick appreciation. Everybody knows this market has played out. The sheer size of this bubble offsets the weaker dollar.
