Luxury Condos

the chinaman needs a place to expand, canda and australia was the first wave, the usa is the next, simple long term planning

Its classic gentrification, I live in socal and I'm seeing them built on hispanic/black poor parts of the city and then they get filled with whites/asians. Its not a race thing, its mostly to raise the value of land in these poor areas and increase investment to their respective cities.

>ID
You're gay bro.

azurealamoana.com/pricing-availability/

It's not gentrification they're khrushchyovka it's imported people to create demand it's the print more money hypothesis and it's not sustainable

Only had to go in one for an emergency and it was empty. Not sure about the other ones.

Common way to store money, also launder money

Investment kikes will demolish these before renting them out at affordable prices

Thats fuckin sad. I guess thats how it is these days though.

this kind of high rise building is satanic obv funded by joos

This is true.

My friend lived in one of these. He had pretty much no neighbors, most of the units are empty. Sometimes there would be a Chinese student renting them out but they usually only rented a year at most. Despite that there aren't any available for sale.

There is no endgame. They cost a shitload because the contractors building them know that Wall Street money is funding it. When you drop a boatload of cash to build an apartment, sky high rents are required to pay for it. The joke is on the kike REITs running them though. Once we get a real recession, they will be forced to drop rent prices in order to stay afloat. $2K rents will become $1K-1,3K rents. Anyways, I fucking despise all of the Wall Street REITs with endless pockets. They are why home prices are detached from reality.

prospacholdings.com/our-team

where are they bulding them user?

Should look into the companies that are making this buildings, posted two links to a building and company doing it it and the teams has chinks on them. In other words chink fifnace the building and get other chinks to buy them allowing them tl get their money out of china

All over the place here in San Diego. The skyline is unrecognizable nowadays.

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Major metro areas.honolulu is a big example of that

That’s not how supply and demand works moran.

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Like all the new ones in chula vista

Empty buildings generate no income. Empty buildings that are undesirable are not valuable. Laundering money? I’ll buy that.

The problem is that foreigners are buying up all the properties.

I'll take your word for it. Anywhere south of downtown is essentially Mexico. Haven't been down there in years. Anyways, there are tons of condos in the UC area and Mission Valley. I fear its already too late.

Narcos buy properties just to store money

No way they’d leave walls full of cash just sit empty. I get what you’re saying, but it’d be cheaper to hire some random dildo to live on the property to make it look legit if the walls were full of cash.

this shit popped up in downtown Des Moines all over. Its often actually a bunch of penthouses and lofts for literal rich fags on the upper levels them the property owners have agreements with the city to subsidize housing for "artists" on a sliding scale, so the middle and lower levels will go for about 800 on average, if you are a worthless piece of uneducated shit with no direction.

Here is a way to fix it. First pick the lock and change the locks, then advertise the apartment for rent on craigslist, be sure to rent to "low income people". Give em the keys and say adios. Tell them you will show up to collect the rent. Never show up, they are thinking free rent awwww sheeeit, problem solved.

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Came here to post this.

Because people are retarded. They would rather spend 3k on some apartment with amenities and close to bars than spend 1k on a mortgage and start a family.

There are a few reasons, I see the same thing in suburban NY. There are 3 brand new complexes being built in my town right now

-Millennials are not buying houses at rates that previous generations have
-Most millennials do not have the money for a down payment on a house right now nor can commit to a full 30 year mortgage.
-Housing market has become an absolute monstrosity since 2008, even before then as well
-Housing prices have gone up
-3000 dollar apartment split between 2-3 tenants is easier to maintain
-Apartments are much easier to maintain (For the individual)
-Millennials are not getting married at the same levels as previous generations, no need for a house if one person is living there

There are a few others I am missing, most of these apartments planned on having very expensive stores with high quality products, however since rona hit, Im beginning to become worried about how stores will be in the future, not only in Apartments, but around the country.

Places to park foreign money. Build a building. Get a minimum amount of people to rent at a high rate. Make just enough to beat the inflation rate on your initial costs. That way it's better than just sitting in a bank wasting away.

But don't actually rent the building out bc it would depreciate faster with maintenance and what not.

The management reviews for these places are one step above the projects.

spooksville man, my boss leased a restaraunt from a developer who was building these in the same area. my boss got one for cheap but he was the only person occupying the condo out of 2 entire buildings

the rest were all empty, and they were developed in my completely dead 20,000 population town where no would ever be able too afford or want them

what the fuck is going on