The study found that it was cheaper to buy than rent in all of the 100 largest US cities. The methodology is a bit complex, but it's a remarkable finding.
We were also pleased to see some of the areas where we have invested - parts of Detroit and Orlando - have the greatest difference in cost between buying and renting.
The Trulia data shows that it's basically a no-brainer buying in these areas, but due to credit problems, lack of cash flow or other reasons, renters in these areas are struggling to make the transition to becoming owners.
You have to remember the collapse of the US property bubble left an extraordinary proportion of Americans with impaired credit histories.
As a foreign cash buyer though, no such problems apply, so you can pick up some bargains that you can on-sell once credit supply loosens and more domestic buyers abound.
With Bernanke just announcing QE3, the US dollar has been forced down again against most currencies, making this another great opportunity to buy.
PS: Don't forget, you can follow me on Twitter @buypropertyUSA and via www.facebook.com/BuyingPropertyInTheUsa