Russians flock to U.S. real estate after Trump victory

[demmiblue]

Source: CNN

The number of Russians who have expressed interest in buying luxury properties in the U.S. has spiked by 35% over the previous year following the billionaire's win, according to global real estate consultancy Knight Frank.

Knight Frank said Russians are interested in vacation homes as well as investment properties. Nearly all are looking to spend between $500,000 and $5 million on a residential property, while 10% are hoping to buy commercial real estate.

The two most popular destinations are New York City and Miami.

<snip>

Rybolovlev himself bought a $95 million beachfront estate in Palm Beach, Florida in 2008. The seller? Donald Trump.

Read more: http://money.cnn.com/2016/12/08/news/economy/russians-us-real-estate-trump/

[pangaia]

1. Let them buy in Miami and NYC.

In 30 years both may be under water.



I know. It's not funny at all.

[louis-t]

2. Miami and South Beach could be a lot sooner.

They already have problems. I have a client who is an environmental engineer. He was thinking of buying property in South Beach. I had him set up with an agent down there. After looking into it, he just laughed and said "the whole area will be under water in 10 years."

[flamingdem]

4. Lol, I enjoyed

a laugh today, for a change.

[DK504]

3. And so it begins.

So our KKKomrades race into the US to buy property from people that are best buds with the Kremlin and probably people Trump owes money to. So he's bringing in other nationalities now and do tell when will the poor workers be brought in to serve their Russians maters or work at Hair Twitter's property's.

Help meeeeeee.

[kimbutgar]

5. America for sell to the highest bidder by Putin's puppet

What do you bet he'll start selling miltary hardware to Russia to use against us resistors in our country? I see some of Putin's signature poisonings happning in this country.