Ok guys, I know this has absolutely nothing to do with IM but just thought id ask. fact 1: in america as far as I know interest rates are extremely low fact 2: in australia we are the only friggin country on earth to have had 5 interest rate rises in a row so here comes the idea. Would it be possible for me to buy real estate in oz using someone from america to finance it? I know you americans call this wrapping, and I know you do it on a local scale but do you think it would work on a global scale because there is a fair difference between AUD and USD interest rates. Obviously the person lending me the money would make money on adding extra interest and I would save money by getting a very low rate.