3 ms·
But if it's empty then it's not rented out, so why the whole exercise? Park their money?
by soco 6mo ago
But if it's empty then it's not rented out, so why the whole exercise? Park their money?
- pjjpo 6mo agoI don't know how verifiable it is, but the general narrative has been a lot is Chinese parking their money outside the reach of the CCP. I've never quite understood the mechanics of this though.
- rtpg 6mo agoApparently they’re listed but people aren’t biting? Though this was a while back so maybe things have changed
- red-iron-pine 6mo agobasically, yes. the chinese government owns all land and all banks. they snap their fingers and you have nothing. you put it into japanese, usa, canadian housing, etc. etc. under a company flagged in bermuda and you're covered.