Secret real estate purchases are a driving force behind the offshore economy — Margot Gibbs and Agustin Armendariz

Summary:
No longer content with Miami condos and London townhouses, investors are pouring money into properties in all corners of the world, fueling inequality and driving up prices, Pandora Papers investigation reveals.…The has a precedent in the earlier Gilded Age and the time of great industrial entrepreneurs when the great fortunes that founded American oligarchic dynasties bought up choice RE around the world, even Africa. ICIJSecret real estate purchases are a driving force behind the offshore economyMargot Gibbs and Agustin Armendarizhttps://www.icij.org/investigations/pandora-papers/secret-real-estate-purchases-are-a-driving-force-behind-the-offshore-economy/

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Esteban Pérez Caldentey on the Ideas of Raúl Prebisch

Lars Pålsson Syll writes Traum eines gemeinsamen Staates

Michael Hudson writes The Black & White of Elite Imperialism with Jill Stein

Lars Pålsson Syll writes DSGE models — a total waste of time