When you combine that with uncertainty in the currency markets i.e. the whole issue of the debt ceiling the problems with Greece, Spain and Portugal commodites have become a "Safe Haven" as well as their normal roles in industry and agriculture.

Low interest rates, over supply of currency, inflow of foreign investment money, low employment rate and high stock market prices all drive housing prices to different directions.

They end up paying for almost everything versus a house rental.There is still good value there at an 8 cap and with debt in the 4's you get 15 to 18% coc going in with 25% down.It's not going to last forever so my buyers will be in a BUY position all of 2015.Even foreign investors they are looking at favorable currency exchange rates to the U.S dollar, high caps, and low debt.In 2015 toward the end rates will rise, caps will compress, and currency conversion for many foreign countries will lose value from where it is now.I plan on working non-stop with my clients through 2015.

Once we went off the gold standard, the rules changedThe fed keeps printing money, devaluing currency and in effect inflating asset prices.Gino

If you can find a U.S.A. based property that is a deal even with the 30% markup, then it may be worth converting the currency.  

MikeGreat advice from Curt above,A few big cons IMO are: currency (For example the Aussie $ was $1.20 no too long ago and now its $0.80 on the USD), bank account set up (Patriot act issues) and delays with paperwork due to time zone differences.Pros, well that's easy lolGreat value, great net returns and although it mind sound corny its a once in a lifetime opportunity IMO.I definitely wouldn't be freezing my a.. in Ohio if I didn't believe this to be the case.Its summer and surfs up in Sydney hahahaThanks

Improving infrastructure, short term (4 to 5 years) growth potential, tax free income, currency being pegged to the dollar, are some of the pros of investing in Dubai.

The program, which ends tomorrow, will have transferred $1.25 trillion of MBS "on behalf" of the US taxpayer, representing the single biggest asset on the Fed's balance sheet, and backing up such liabilities as currency in circulation (yes, that dollar in your pocket is collateralized more than half by rapidly devaluing, and in many cases cash flow non-producing houses) and excess reserves.David H.

There are three ways the government actually creates currency, only one of them actually creates a physical bill.

Both Zell and Dalio don't believe the dollar will be the Reserve Currency of the future.