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Fitful financial markets and signs of a southwest Florida real estate slowdown so unnerved Canadians Fab and Christa Michetti that they sold one of their two vacation homes there last month. The U.S. presidential election’s isolationist talk provided one more push.

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tap here to see other videos from our team. Try refreshing your browser, or The election has become one more reason for Canadians to sell their property in the States Back to video

Consider this notification that a Canadian investor — who has a green card and has been calling the U.S home for many years — recently received.





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“How safe are my assets going to be with the change in the political landscape?” said Fab Michetti, a retired Ford Canada employee who declined to discuss individual presidential candidates. He also pointed to the American dollar’s strength as a consideration. “I would rather have my money in my pocket.”

Canadians who collected Sunbelt bargains during the housing crash have shifted from buying to selling. They’re locking in gains from years of soaring values that are even sweeter because the American dollar, in the past five years, has jumped about a third against their home currency. Meanwhile, the contentious U.S. election, marked by the nativist rhetoric of Republican front-runner Donald Trump, is holding back some purchasers.