Pain or gain?
Naturally there will always be winners and losers from currency movements.
I discussed this fairly succintly in a previous blog post here.
Changes in foreign exchange rates have implications for investors too.
While the official data may not fully capture the inflows of foreign capital into real estate markets, it is nevertheless true that a lower dollar makes Australian property more attractive to overseas-sourced capital, as well as to Australian expatriates.
We specialise in buying outstanding investment properties: