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Agreed I know some investors who purchased US properties 3 years ago have been using the rental income to buy more, at least they have the US$, otherwise its a tough gig. MTR:)

Thanks for posting, interesting. I really have to wonder whether there is any point in Aussies investing in USA now that the Au$ is at 78 and sliding, I would expect the next level will be 75. I can understand the attraction when Aussie $ was parity with US$ and above.... but now...