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  • Russian oligarchs pour money into U.S. real estate market
    Luxury Real Estate

    Russian oligarchs pour money into U.S. real estate market

    March 4, 2022 /

    As President Joe Biden vows to punish Russia with money sanctions by seizing yachts, mansions and other assets, members of the genuine estate local community and lawmakers are skeptical about how productive he’ll be at finding accessibility to the income Russians have been pouring into true estate for a long time. From Sunny Isles, Florida, to Cleveland and superior rises in Manhattan, article-Soviet oligarchs’ cash has poured into big towns and the heartland in new many years with minor recourse. That’s due to the fact there is very very little the govt can do to come across out who owns what true estate in the U.S., which has turn into…

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    Jerry Schmidt Comments Off on Russian oligarchs pour money into U.S. real estate market

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