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Not being reported but the same is happening in Madrid with dirty money from the Venezuelan regime actors. Prices in central Madrid are vastly inflated because
by fabiandesimone 7y ago
Not being reported but the same is happening in Madrid with dirty money from the Venezuelan regime actors.
Prices in central Madrid are vastly inflated because they are buying left and right, sometimes paying more than market price.
- turk73 7y agoMiami, FL, 1980s. Notorious drug money laundering into real estate.
- jseliger 7y agoPrices in central Madrid are vastly inflated because they are buying left and right, sometimes paying more than market price. More likely, central Madrid enacts zoning policies that prevent supply from rising to meet demand, thus resulting in price increases: https://www.vox.com/policy-and-politics/2018/9/24/17896482/building-more-stuff-housing-gentrification-cities https://www.vox.com/policy-and-politics/2018/9/24/17896482/b...
- fabiandesimone 7y agoThe issue you point out is relatively new. I'm talking about prices rising for the last 2-3 years in very specific zones of Madrid (Barrio Salamanca for example).