If industrialists often invest in any country, there is development in other sectors including technology of that country. But today we are going to tell you about such a case, when an industrialist has invested and bought the entire city. Since then the local people of that city have become nervous. Today we will tell you what is this whole matter.
What is the matter?
Mirror’s According to a report, there is a city named Carmel in California. This city is so beautiful that many celebrities including Bollywood star Brad Pitt come here for holidays. This city is also known as Destination of the Moment. But recently, a billionaire named Patrice Pastor, a resident of Monaco, has bought most of the property in this city.
Let us tell you that Pastor has been doing business here since 2015. He has also bought a beautiful mansion here worth 22 million dollars. Apart from this, they are rapidly capturing every area of the city. He has purchased almost all the important places in the city. Local people are scared of this.
The price of land will increase
Local people say that the person who owns most of the places in this city Has bought it, he does everything as per his wish. According to the information, the pastor is starting three construction projects here, which are being built in residential areas. Let us tell you that due to this fear, businessmen are closing their shops and moving to other cities. Shopkeepers say that this will increase property tax and rent.
People say that the prices will become so high that only famous people will be able to live here. However, the pastor says that he will not harm any local. He said that he is investing with the intention of making the city better.
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