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As the value of the dollar plummets, American real estate looks more and more attractive to overseas investors. Foreigners buying property -- both residential and commercial -- in the United States is nothing new. But in recent months, as the exchange rate has swung further in their favor, Irish, British, Italian and even Canadian investors...
Canadian real estate investors with deep pockets discovered Brazil in a big way in 2006, spending billions on commercial real estate in a country that only a few years ago was racked by inflation, hobbled by a weak currency, crushing foreign debt and political instability.