Talk of The Villages Florida - View Single Post - Like Clockwork, Inventory climbs ANOTHER 7 %
Thread: Like Clockwork, Inventory climbs ANOTHER 7 %
View Single Post
 
Old 03-11-2025, 10:00 AM
Topspinmo's Avatar
Topspinmo Topspinmo is offline
Sage
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,369
Thanks: 7,719
Thanked 6,339 Times in 3,285 Posts
Default
Quote:
Originally Posted by Normal View Post
The Canadian Dollar is becoming worthless. While most American buyers mortgage in US dollars, there is an exchange issue for our friends up north. They borrow from a US bank, they pay back in US dollars. If the exchange rate tanks, they could take huge hits financially. The US dollar costs about 1.44 right now? Eeek! Imagine the fall out with the current tariff issues. The Canadian dollar has fallen 8% in valuation over the past year.
IMO Only the poor suffer, rich have loopholes where they’re going to make money regardless.
Reply