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Originally Posted by Sylvanfan
Well the Canadian dollar has gained strength vs. most currencies because Canada is a big resource nation and many of those things have high prices right now. But in comparison to the U.S. dollar...Lanny is right most of that has to do with the US dollar losing ground. If the U.S. dollar had been keeping pace with the Euro our dollar would trade at 80-85 cents U.S. which IMO is where it should be in order for Canada to have a healthy and balanced economy.
Any where in the Phoenix area where you can get a decent rental property for about $200k U.S? On one hand I think...buy a house in Hawaii, I'll never get another chance in my life to do so for this cheap..But than Phoenix is much easier to get to and is likely a place that I might stand a chance to get some use out of a place.
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the problem is that Hawaii real estate is ridiculous. A million bucks there gets you a shack.