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A comment on A Little Money Laundering Can Have a Big Impact on Real Estate Prices (2019). Parent comment

Re:A Little Money Laundering Can Have a Big Impact on Real E... by jbay808 on Thursday October 29, 2020 @01:57PM (#24933199)
A local who sold a home at an inflated price can often afford to buy another one at an inflated price.

And it also attracts other generally wealthy investors looking to get in on a hot market.

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