Macroeconomics 11th Edition by Michael Parkin

تمرين 36

Use the following news clip to work Problem.
Indian Entrepreneur Seeks Opportunities
Rahul Reddy, an Indian real estate entrepreneur, believes that "The United States is good for speculative higher-risk investments." He profited from earlier investment in Australia and a strong Australian dollar provided him with the funds to enter the U.S. real estate market at prices that he believed "we will probably not see for a long time." He said, "The United States is an economic powerhouse that I think will recover, and if the exchange rate goes back to what it was a few years ago, we will benefit."
Based on an article in Forbes, July 10, 2008
Explain why Mr. Reddy is investing in the U.S. real estate market.