Rus yours is a good point. However you are kind of mixing and matching yeah? Your point being purchase a home while you can take advantage of the exchange rate.
I think that these are independent subjects. Making money against the exchange rate really (IMO) has nothing to do with purchasing a home correct?
Example – What if I had a significant equity investment that was scorching hot right now? Do I sell it and pocket the cash or not? Now what I do with the cash is a seperate question… (should I buy a house or not?)
So Abbey is sitting on a ton of loonies right? When she turns them to dollars is independent of buying a home. Basically she should wait until the loonie peaks against the dollar and then pull the trigger on the exchange.
That event has no bearing on when she should buy a home in my book.
