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rolothrow | 1 year ago

Yes, it literally says Chinese investor.I guess it's to make the idea of buying immediately a flat with cash sound less shady.

I have no idea of the reasoning why specifically Chinese people invest in Spanish real state paying with cash, it's just what I see.

>Are you sure this isn't a political stunt?

It's our president's whole thing to take measures that sorta move the needle in a good direction but are focused on being good moves politically. My guess is he needs to act against rent prices, he can't go after the big guys (blackrock, etc) for fear of retribution and he can't go after the regular joe that buys a second house as investment. Foreign investors don't vote, so they're the next best option.

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