Other than Japan in the 1980’s, has there ever been an example of lots of foreigners buying American properties? Sure the really rich ones do, but thats always been a very small percentage. In order for stronger currencies to really help those foreigners, large numbers of them also have to become wealthy enough that either a first or second home becomes a reality. I just don’t see many places in the world that could generate that kind of wealth in the next few years. Stronger currencies will in effect hurt most countries as there current prosperity is mainly predicated on selling us stuff.
