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A comment on Money-laundering oligarchs bought all the real-estate to clean their oil money. Parent comment

Re:Money-laundering oligarchs bought all the real-estate to ... by michaelt on Monday January 28, 2019 @08:51AM (#19017377) 

  Why on earth would you buy in London in these
  circumstances, why not put you money in an ETF?
Because you're a money-laundering oligarch (or a upper class person in an oppressive regime, worried the state will appropriate your assets) and if you're spending £10 million or so on a property, you can afford to conceal your identity with an intermediary in Jersey, Guernsey, BVI, Panama...
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Re:Money-laundering oligarchs bought all the real-estate to ... by YorkshireSeason on Monday January 28, 2019 @03:17PM (#19020680) 

    conceal your identity
You can also conceal your identity when buying an ETF. An EFT almost certainly has a higher ROI than empty property.

And if you are investing via intermediaries, then they can handles the letting process so as to maximise the ROI.

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