[General] local property sharks

[kompstar]

"People who need a place to live can often find themselves at the mercy of local property sharks."

What does "local property sharks" mean?

 

[kilroy65]

It means "powerful, influential (and ruthless) real estate companies which operate in the particular area".

 

[kompstar]

I think I know what this expression means but I can't properly translate it into Polish. Am I right that:

- is "local" an adjective?
- are "property" and "sharks" the nouns?

 

[GoesStation]

Local modifies the noun phrase ​property sharks.