[Wayne07]

The main reason you should care is that it is a symptom of the dollar being devalued. US real estate has gotten a lot cheaper in the last couple years. The hosing bubble pop compounded with the weak dollar. In the old days, many americans retired abroad because their savings went further in less expensive countries. Now we are the cheap country...

[DManA]

True and I agree. The headline should be “Federal Policies impoverish Americans”.

[gunsequalfreedom]

The main reason you should care is that it is a symptom of the dollar being devalued. US real estate has gotten a lot cheaper in the last couple years. The hosing bubble pop compounded with the weak dollar. In the old days, many americans retired abroad because their savings went further in less expensive countries. Now we are the cheap country...

That does not explain why we should care. You've only explained the what. Why should I care?

[Cronos]

yet, that comes in cycles — as more people pump in money into the US, the dollar should go up again, right? Of course this hinges on whether we manage to balance our debt.

[Jimmy Valentine]

If we are now the cheap country, the result will be money coming here. The huge real estate overhang will be absorbed, and local business will pick up.

This happened before with the Japanese.

They cannot toss real estate into the trunk of their cars and send it home.