Over a growing fear of illicit funds, the Department of Treasury announced a plan to change the way luxury property is purchased in the US. Boom Bust correspondent Bianca Facchinei explains the Federal government’s new rules on high-end real estate, zeroing in on New York City and Miami.
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America