In the minds of these Wall-Street-hustlers “nothing is really owned anyway.” If you can create enough confusion and chaos in the financial sector you can get rich.
Cash is pouring into the commercial market from overseas from investors that are desperate to get their money out of their failing economies and it’s not just multi-family. Strip Malls are the next flavor of the day, where there is no listing price necessary. “All offers due by ……” This is so similar to the lead up to the last crash in Commercial Real Estate (CRE.)
The Roman empire was a Republic, and thrived economically for over 400 years, until one day some guy named Julius Caesar decided he was now completely in charge. This was when Gold coins came on the scene, and a total dictatorship controlled all the gold and there went the 400 year economic boom.