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Updated over 13 years ago on . Most recent reply
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The US is cheap! (relatively speaking)
Check out this global map showing price per square foot home costs in cities through out the world. The US is a screaming bargain, even compared to the PIGS with their failing economies.
http://blogs.wsj.com/developments/2011/09/26/for-cheap-homes-dont-think-globally/
International money can't help but continue to invest in US RE.