One of the aspects of the Trmpocalpyse which should NOT get lost in the shuffle is the prevalence of luxury (and possibly other) real estate transactions as money laundering. From everything I’ve read, at least 30% of those transactions are money laundering not true real estate deals.
This is happening all over the world in any “hot” real estate market. London may be ground zero but it is happening in Boston, NYC, LA, SF, Paris, Berlin…
