For foreigners, rentals in the Hamptons sure as heck is are bargains. The British Pound and the Euro compared to the dollar are more valuable then ever, and real estate agents throughout the Hamptons are noticing that this summer it is all about the European clientle when it comes to rentals.
As of this morning 1 Euro is equal to $1.53 cents and 1 Pound is equal to $1.97, and that’s after the dollar increased a bit in value today!
What does this mean for us? Experts all agree that you can expect European tourists to take advantage of the exchange. So for the waiters and waitresses of the Hamptons, MAKE SURE YOU MAKE IT CLEAR THAT THEY HAVE TO TIP! And for the real estate agents, might be a good time to buff up on your French and German.
