Just expropriate the building and turn them into communal living spaces; e.g. the USSR did that after the revolution with all the fancy aristocratic- and capitalist-owned buildings
I’ve always suspected that ultra-expensive apartments in London might be mostly for money laundering. Like, i give you a ton of cocaine, and i don’t give you money for that; Instead, i buy one of your luxury apartments in London for $150m (70 m² apartment btw).
Ultra luxury apartments are usually vacant most of the time, because the owners live elsewhere and only use that property for money laundering.
Just expropriate the building and turn them into communal living spaces; e.g. the USSR did that after the revolution with all the fancy aristocratic- and capitalist-owned buildings
not money laundering, gambling. secure a loan with the property as collateral, put that $ into the stock market.
I’ve always suspected that ultra-expensive apartments in London might be mostly for money laundering. Like, i give you a ton of cocaine, and i don’t give you money for that; Instead, i buy one of your luxury apartments in London for $150m (70 m² apartment btw).