News for hackers. Stuff that matters.
Re:Money Laundering and AML Compliance by Spooky23 on Friday February 10, 2023 @05:17PM (#34746744)
Real estate is the ultimate legal grift in the US. The whole tax system is wired up to the benefit of real estate investors.
Re:Money Laundering and AML Compliance by mistrial9 on Saturday February 11, 2023 @11:11AM (#34753572)
further, some say that the expansion curves in Piketty's "Capital in the 21st Century" are not across the whole economy, but that rapid inflated asset values in real estate in particular, are drivers.
Re:Money Laundering and AML Compliance by Spooky23 on Saturday February 11, 2023 @11:52AM (#34753960)
Probably. How much of the middle class lifestyle in big metros is built on home equity?