US property was already an attractive opportunity fro European investors, from a performance standpoint, and now it's getting better. From today's Reuters article:
BENGALURU (Reuters) - 6 Aug 2020 - The dollar’s supremacy of well over two years has turned sharply and the current downward trend will continue into next year on expectations the U.S. economic recovery is flagging, especially compared to Europe, buttressing the euro, a Reuters poll showed.
A surge in coronavirus cases across several U.S. states and some data pointing to an economic recovery losing steam pushed the dollar index .DXY down 4.1% in July, its biggest monthly percentage fall in a decade.
That was reflected in the latest positioning data, which showed speculators increased their bets against the dollar to the highest in nine years and at the same time raised their bets in favor of the euro to the highest on record.