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  • LoMeinTenants [any]
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    4 years ago

    This rings really true. Apparently all the ritziest avenues in place like London and New York sit empty, but are owned by foreigners, mostly Chinese and Saudi Arabian.

    I live in California, and every person who puts their house on the market has the same exact story about foreign "silent buyers" willing to overbid with a briefcase of cash.

    Gooooo capitalism, I guess...