I spent the whole day on Wednesday with a realtor/investor from California. "Mary" came to northwest Tennessee(Dyersburg-80 miles north of Memphis). Not only did she visit some properties that she and her clients have under contract, but she also wanted to look at several other commercial properties.
Mary is originally from Indonesia where most of her family members and investors still reside. She made the statement, "my family and friends in indonesia need to invest right now in good cash flowing commercial properties in the US because of the falling dollar".
I am trying to wrap my brain around that statement but having a hard time. Can anyone help me understand the relationship of falling dollar to investments here in my area? I appreciate your input!
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