Wealthy Russians Parked Their Money in Miami 'Ghost Condos'
A "ghost condo" might also be called a pied-à-tierre. No one really lives in them, but it's a way to safeguard money and shield ownership.
Source: businessinsider.com
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Wealthy Russians have parked their money in 'ghost condos' all over a Miami neighborhood
Condos and luxury resorts in Sunny Isles Beach, Florida. Hillary Hoffower Sunny Isles Beach, Florida, is home to many "ghost condos" owned by overseas
Source: businessinsider.com.au
Tech Is Entering a Two-Track Economy: Superstar Cities and Everyone Else
The superstar cities in tech, including San Jose and New York, have seen employment growth. But other metro areas are catching up.
Source: businessinsider.com
Tech is entering a two-track economy as remote work powers new rising-star cities outside traditional bastions
Tech has entered a two-track economy. Maskot/Getty Images The pandemic has pushed tech into a two-track economy between superstar cities and others.
Source: businessinsider.com.au
Talking About Russian Wealth Is 'Bad for Business' in South Florida
Wealthy Russians have parked money in real estate on Sunny Isles Beach, aka "Little Moscow." But the city is keeping quiet on just how far it reaches.
Source: businessinsider.com