America for Sale: Foreigners Flock to U.S.
By SCOTT MAYEROWITZ
ABC NEWS Business Unit
Oct. 11, 2007 Does your new next-door neighbor have an Irish accent? Maybe an Italian one? Or how about Canadian?
Don't be so surprised.
As the value of the dollar plummets, American real estate looks more and more attractive to overseas investors.
Foreigners buying property -- both residential and commercial -- in the United States is nothing new.