The ultra-rich are doing great with Biden.
When it comes to super-successful people, this place sounds like a Dem-commie site.
I'm shocked I tell you - shocked /s
Feudalism is back in style. No one else can afford a home.
The best-performing luxury real estate market in the world was Manila, Philippines, with 26% growth.
EXCUSE ME?
I’ve been to Manila about a dozen times, and it’s not exactly the place I’d think of the ultra-rich choosing as a luxury location. Sure Makati, and some of the NCR places are nice looking NOW, but will they fall apart like Chinese high rises? I don’t know! Also, the traffic sucks, and you’d be hard pressed to find a place where the divide between the haves and the have nots is bigger.
There are people who travel around to the fried chicken restaurants and collect the trash. They go through this trash and find any chicken bones that still have meat on them. They scrape this meat off and make a “stew” of sorts with it which they sell for (last I heard) about 20 cents a serving. (Which includes rice).
And this is done not far from those luxury condos.
The *ONLY* thing that makes sense is that this is simply Chinese looking to park money in real estate somewhere.
Glad to see my taxes are going to help the super rich homeless.