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NEWS FLASH, Foreign buyers are still buying up Canadian real estate and the banks are helping them! It's a well known fact that Canada is a safe haven for money laundering and organized crime and much of that money ends up in our real estate, driving up prices for hard working Canadians. Will this illegal activity ever stop. #realestate #crime #investing
Links/references:
https://www.canadianfinancialcrimeacademy.ca/financial-crime-articles/money-laundering-in-canadas-real-estate-sector-ongoing-risks-and-reform-efforts
https://www.kelownarealestate.com/blog-posts/how-foreign-buyers-can-purchase-homes-in-canada-despite-the-foreign-buyer-ban
Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/lee-the-housing-market-is-short-about-5-million-homes
