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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Nikole Wollerstein who wrote (740)	9/3/2001 9:25:37 PM
From: Sultan	Read Replies (1) \| Respond to of 306849

LOL. Yes.. With 1 USD worth about 1.54 CAD, Americans, and that is any one south of the border with USD, find Canadian properties too cheap to pass up.. And folks from West Coast, Seattle to California find commuting to Vancouver a breeze. Vancouver is also only about 1 1/2 hour from Whistler.. Incidentally, it does not mean that the remaining 60% are bought by Canadians.. A fair % after Americans, high end condos are bought by other rich citizens of the world.. And remaining, rich Canadian trading in their upscale houses. A typical working stiff end up with the low end of the market. That is the price you pay for a weak currency.. Canadian Pesos, so to speak.. For a brief period in mid 70s, 1 USD was worth .97 CAD or there about..