So just using the opportunity presented by china flu to use regulatory power to depress the prices and the buying it with some help with local corruption.
Not sure what the plan is to get the prices to spike again though, or perhaps they will settle with the meager profit gained with more normal prices.
The corruption is way beyond local, it's national.
For example they use the eviction moratorium to force middle class home owners to sell their rental properties so corps like Blackrock can buy them for cheap.
So just using the opportunity presented by china flu to use regulatory power to depress the prices and the buying it with some help with local corruption.
Not sure what the plan is to get the prices to spike again though, or perhaps they will settle with the meager profit gained with more normal prices.
The corruption is way beyond local, it's national.
For example they use the eviction moratorium to force middle class home owners to sell their rental properties so corps like Blackrock can buy them for cheap.
International.
China is behind a lot of huge property buys right now. The are living through the same type of economic era our grandparents saw in the 40s - 60s.