I am under the impression that the mighty Lords of The City have invested as securities into the German Real Estate Market, but heavily and to activly fake the real value to get foreign currency credits.
The whole point is that the statement of the proud owner is completly upside down. The only way that he'll receive such discount creating a simple mathematical loss in the books difficult to pass onto a Real Estate Fond is fraud or atleast a booky trick in which the Estate is overvalued later in the Fond portfolio. So, the estate belongs to a Fond, but the floors are sold. That is a weired construction of ownership except you achieved a Diploma in a modern economic school. This being said do have the estate owner sales contracts often first ask paragraphs in the sales contracts and the owner has to sell back to estate owner.
The Subprime Crisis happend, because of exact such educational problem missing that revenue in real estate is done by rents, that this constant cash flow is the beauty and the upvaluation over time the nice side effect which was turned up side down creating the Subprime Crisis.
If that Fond keeps this Estate in the books for the value of each floor already sold and not the bricks and mortar....or even worse an estimated sales value having gotten credits from ECB they better wisely invested having avoiding the DAX e.g.
#gfyAll
#cyberpunkcoltoure
