Makes no business sense, especially when you add taxes and maintenance. BUT it makes sense if you have 40 such homes bought with drug or corruption money (hell

Makes no business sense, especially when you add taxes and maintenance. BUT it makes sense if you have 40 such homes bought with drug or corruption money (hello China!) Who cares if you lose 4% a year (maybe rising values make up for it, maybe not) at least you have something in a relatively safe place and out of China /Russia. Plus, it's not like the saved for 20 years to buy them...easy money.