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Journalist Ola Xama explained how money is cleaned with the towers in Tirana.
Invited to the show "The Unexposed", Xama said that there are 51,000 empty apartments in Tirana, but massive construction continues. After the 7 towers approved in December, according to the journalist, there will be 12 more towers.
"50 thousand apartments are empty, they have not consumed electricity. Erion Veliaj says that there are foreigners coming. He also says that there are no vagrants in Tirana, but in fact 41 vagrants have died during 2023. I was impressed as a statistic, the media does not give them any attention, the category that needs it the most.
There is a logical and arithmetical problem in the economy of the city. We see data that there are 51 thousand empty apartments. These make up 20% of all buildings in Tirana. They signed a contract with OSHEE. Apartments that have not been sold at all are not entered here, we will see them when the census data comes out. On the other hand, we see that the price of equipment increases, but also the requirements for building permits increase.
You did the permits for the seven tower projects on your show. There are also 12 others. If we calculate the area, it is almost 500 thousand square meters that will be only the tower. What will happen to the pollution? With the traffic? With the infrastructure? On the other hand, the city also risks economic collapse. The moment you build and then the source of dirty money is cut, then the power drops and the prices will also drop. At the moment when a part of them will have been taken as collateral by the banks, it can create a shock in the financial market.
The WB and IMF have advised to adopt macro prudential policies. He said to increase the interest rates. They see risk in the construction sector. On the other hand, the part that 50,000 apartments are empty is like an investment that you don't keep your money at home, but keep it this way," said Xama.
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