Relevant:
- Beijing goes hunting for overseas real estate bought with dirty money
- China's "Ghost Collateral" Arrives In Canada, "Heralding A Crisis"
- Where Will All the Money Go When All Three Market Bubbles Pop?
- Treasury Urged to Scrutinize Foreign Real Estate Buyers for Money-Laundering Risk
- Did San Francisco real estate values hit a peak?
2019-05-02 — wolfstreet.com
``Money laundering in Canadian real estate is a widely accepted fact of life these days, but the impact isn't. Government and academics are still debating how much money is needed to distort a market. The truth is, not a whole lot is required to distort any asset market. This is a problem the stock market has been dealing with since the 1920s, and the reason it's so highly regulated.''
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