3 ms·
Rural Germany, where until a few years ago no one except the indigenous would have wanted to live. Now foreign investment firms, mainly chinese, are buying up e
by laserdancepony 4y ago
Rural Germany, where until a few years ago no one except the indigenous would have wanted to live. Now foreign investment firms, mainly chinese, are buying up everything they can get a hold of. Prices for a single family home before the rush about 350k, now 1.5m.
Thanks globalization to make it possible for a chinese billionaire to own property in Schneizlreuth, BY.
- user-extended 4y agoAnd remember, it's gonna be like that forever from now on. The genie is out, people will cling into housing forever and ever. Unless thermonuclear war happens, housing is and will be the number 1 investment forever.