Inside a $20 Million NYC Apartment | ABC News

Orbital-Fetus

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Trajan

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these multi-million dollar properties are being used to launder money.
many of them are owned but not occupied.

just being used to clean dirty money from all over the world and driving up property and rent for regular people.
it's not just happening in NYC either.
this is a world wide scam.


Same in London breh

London property market ‘turned into money laundering safe haven by inadequate supervision’

"The committee said £100bn is being laundered through the UK each year"
 

CodeBlaMeVi

I love not to know so I can know more...
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It's true...

Chinese, Russian and Indian multi-millionaires and billionaires take their money to cities like NYC, Toronto, Montreal and spend it overseas and drive up the prices of real estate for a normal citizen.

When you have a declining or stagnate Western economy and capital and entrepreneurship opportunities shift to the East...but the developed world and the luxury goods are in the West...this is what happens. nikkas that got an obscene amount of money will go and buy up real estate, hiding their assets from their own government.

It's no different than what Western multi-millionaires and billionaires do, stashing their money in fake Latin American and Carribbean companies.


How much have foreign buyers affected Toronto’s housing market?
How Chinese families are showing investment wisdom in a hot real estate market
New York is the New Switzerland or Why Foreign Buyers Will Continue Investing in NYC Real Estate
Where do Russian oligarchs live in NYC?
Foreign Investors Have Landed: Do You Know How to Serve This Unique Real Estate Buyer? - McKissock Learning
Don’t leave out Miami.
 

Bumblebreh

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Same in London breh

London property market ‘turned into money laundering safe haven by inadequate supervision’

"The committee said £100bn is being laundered through the UK each year"

Plus there is quite a number of cash in hand business that are used as a front to launder money but they are so many that I doubt there is even enough resources to catch them out.
Especially places like fast cheap food joints or mini market stores and hence in why certain communities that are able to open up businesses that have been funded by dirty money.
London is a hotspot for organized crime and there is plenty of retail space
 

Bumblebreh

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Might be 5-10k judging by this $13M listing with $5300/month condo fees
146 W 57th St For Sale - New York, NY | Trulia

Dropping $20 Mill on a house and still dropping 5-10k every month in fees :huhldup:

That would not be much to a person who is worth hundreds of millions of dollars and imagine if someone was able to make tens of millions of dollars from outside america and being able to cop an apartment in new york or san francisco
shyt I would rather buy and rent out affordable apartments to working families and hire someone to manage the properties and wealthy people have money to waste and can literally spend ten to six figures a month on whatever they want.
 

Black Magisterialness

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Why must everything be a conspiracy to you nikkas

That's widely known. How else do you think drug lords buy homes?

Private seller to buyer isn't contingent upon any federal regulations, that's only for rentals. I could know you got a damn 400 credit score, but if I see you came up on 100 million from Powerball. Hell yeah, here's the deed. :skip:
 

Black Magisterialness

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FukYaFeelings

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call me a conspiracy theorist, brehs.
don't keep up on world events, brehs.

That ain’t the poin. If you made the original post and named the thread sum about laundering money in expensive apartments then cool.

But we just came in here to see a 20 million dollar apartment :yeshrug: which I’m sure some people live in legitimately and aren’t all money launderers.

They need to do a better job tho if every nikka on thecoli know how they launder.


They building luxury apartments in south of Nashville and traffic is shyt already :mjlol:

I peep the jux

My brother go to med school there and I went to visit him. I got to Nashville and was like :ohhh: this an actual city I was expecting sum country shyt.

Went to Hattie bs too or whatever for the hot chicken and the line was too fukkin long
 

Capital Steez

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