Thats true....but there are ways for us Brits to profit from it, buy the foreclosures, if you know where to look you can get a Florida pool home, 4 bed for £35,000! What can you buy in the UK for that? NOTHING!

I've been doing this for the past 12 months, and I personally have made a six figure income buying then selling the property - mainly to corporate customers (depending on the property)