"Developers are eager to access the visa program because it is cheaper than many other financing sources."
Aren't rates already 0%?! How much cheaper do developers need financing?
I want to know what we're trading cheaper financing for by letting the foreign ultra-rich immigrate?
Jobs for a couple of years while in the construction/development phase? What happens after that - the apartments go vacant, higher prices persist and the short-term job created no longer exists unless a new project goes in development...
Aren't rates already 0%?! How much cheaper do developers need financing?
I want to know what we're trading cheaper financing for by letting the foreign ultra-rich immigrate?
Jobs for a couple of years while in the construction/development phase? What happens after that - the apartments go vacant, higher prices persist and the short-term job created no longer exists unless a new project goes in development...