I have travelled extensively in England and France and Italy recently. On a purchasing power parity basis, for consumers and for investors in real estate, I can report that the dollar is fairly reasonably valued versus the euro and the pound. I disagree with the idea that the dollar is overvalued at this point.
I have travelled extensively in England and France and Italy recently. On a purchasing power parity basis, for consumers and for investors in real estate, I can report that the dollar is fairly reasonably valued versus the euro and the pound. I disagree with the idea that the dollar is overvalued at this point.