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Will foreigners abandon the U.S. housing market as prices rise?

Posted on 30 July 2012

Foreigners have been making the sad, broken housing market feel better for a little while now—taking her to the movies, telling her how great she looks, buoying her confidence after the fiasco of the housing market crash.
But now those foreign buyers may be going away, writes a Trulia economist in a Forbes column. It was just a fling, and the housing market knew that sooner or later they would have to move on, that a healthy relationship would have to be forged with people who call the United States their primary residence. But stil……………………………………….Full Article: Source


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