Also, he said land prices have grown by 250 percent over the last five years:
But as the country goes broke and most people can’t afford homes, others are doing better than ever. Banks have over $120 billion worth in deposits.
Who holds that money? Just over 2 percent of the population owns 60 percent of it, according to Nahas’s slides.
And 0.07 percent (or around 250 households) own 20 percent of those deposits:
Would it be simplistic to assume that a lot of that “Marshall Plan” money went into the pockets of a few?