An enormous rise in real estate prices is happening at an unprecedented pace in many cities from around the world. China is buying up the world and driving all asset prices up. With their economy booming, they want their money out of China so that their money is safe from their government’s hands.
That’s understandable, since the current president, Xi Jinping took over, many Chinese criminals have began migrating their money out of China at an astounding pace. This is because the current president has began to crack down on the mafia and crooked government officials.
China money is buying up real estate, businesses, and assets from all around the world. We need to watch where they’re investing because wherever they put their money is our opportunity. China has a lot of money right now and we need to use it to our advantage, money laundering is a business that you should get into.
The Chinese will be very keen to purchase an asset such as a business or some real estate because possession of the cash is more incriminating while possession of the business or the land enables them to build apparently legitimate wealth. Remember that their source of income is unproven, they will want to do anything in their power to make it seem legit and to create legitimate wealth from it.
In order to purchase the business or the land, they won’t care how much they pay. They will outbid other buyers, not caring if they pay more than the true worth of the purchase. This is because they have too much money that they need to spend. Also by buying high, it drives up the purchase prices of equivalent businesses or parcels of real estate to unsustainable levels, so that only other crime resourced purchasers can afford to buy.
Furthermore, if the launderer buys and operates a business, while simultaneously conducting the criminal activities, which generate additional funds, they may integrate these funds into the business, effectively subsidizing the business, possibly to the point where they drive out legitimate competitors.
Finally, they may be tempted to ensure the success of their venture by corrupting government officials or other business colleagues. The current state of affairs is that government officials are profiting from this too by the collection of tax money, they are secretly in bed with China. There may be significant adverse effects arising from the take-over of China but whatever right, the world is a fucked up place already.
And remember, when the Chinese buy real estate, they always want to buy new, and also mind the size of the lot. Brand new condos are also prized as well. And once they buy, they will want to leave their properties vacant as holding properties. They like to purchase through companies. There was one lady who flew in from China for 4 days. She toured 14 properties. By the end of the 3 days, she said that she didn’t want 2 of the properties but would buy them all. She signed the contract to purchase all 12 properties which was around $46M and the next day she flew off. Big pay day.