In which currency will I have to pay?

A US real estate crash is still small potatoes compared to the currency instability in much of the rest of the world. 

When I did this myself, I only had 2-5 tenants near enough the currency exchange to take advantage of this. 

Locally, we have India State Bank, Hong Kong Shanghai Banking Corp (HSBC) that depositor can have any currency he wants as long as it is cashable $. 

Here is why:The government has decided to debase our currency in order to save financial institutions and keep the U.S. from falling into a deep recession.

They NEED money to run the country and compete with other currencies/countries... but I do understand that increased taxes usually kills the "little man" not the "millionaires"... eh... my 2cents.

The u.s.a has been high jacked with all these loans/gas prices etc,in fear of bank ruptcy did you know that legislation is passing a bill that coinage will be made of steel in 2010 because copper/zinc and nickel is more than the face value of the current currency foren currency will dominate and is dominateing us know.

Currency fluctuations, tax policy, FED actions, international relations and commodity prices DO affect our business.So, my point?

European investors have been buying American real estate because, with low prices plus the exchange rate, it has been double cheap for them..Probably the change in exchange rates isn't a big enough change to make them stop buying.I know that some of you are following both the stock market and foreign currency.

The dollar is a currency and therfore losing purchase power is inevitable.