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"...converted to other assets" These is mainly real estate assets. A lot of this black money is laundered to the builders who in turn do not declare a large p
by udkl 10y ago
"...converted to other assets"
These is mainly real estate assets.
A lot of this black money is laundered to the builders who in turn do not declare a large part of it. Thus my hypothesis that it is the builders that will be hit the most. I'm expecting a real estate market crash.
- owaislone 10y agoThat would be nice. Finally people might be able to afford housing :D /s