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by eurasiantiger 1740 days ago
> how we got to this place

Money laundering. It’s as easy as that. International organised and serious crime is buying up real estate to clean their money flows, typically from wholesale meth/cocaine/opioids and human trafficking.

Then they started buying up businesses and politicians and now we are here.

Construction companies build huge towers full of huge apartments nobody can afford, yet they are all bought up, and nobody lives in them.