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Old 11-10-2007, 03:13 PM
beangel40 beangel40 is offline
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Default Foreign Cash Could Boost Housing Market

NEW YORK (AP) - The weakening dollar has caused many problems for consumers, but it may also be providing the fuel for one unintended - and very welcome - benefit: a rally in the struggling housing market driven by foreign investors.

For an individual or developer trying to sell a home, interested buyers are just as likely to already have a place in London or Paris as they are to be first-timers new to the market.

read more http://money.aol.com/news/articles/_...10023709990002
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