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What Happens to House Prices when the Drug Money Tap Is Turned Off?

Summary by Sydney Morning Herald

Real estate valuations could take a significant hit as Australia prepares to stem the tens of billions of dollars being laundered through our housing sector.

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Sydney Morning Herald

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The Age

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What happens to house prices when the drug money tap is turned off?

Real estate valuations could take a significant hit as Australia prepares to stem the tens of billions of dollars being laundered through our housing sector.

2 days ago·Sydney, Australia

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VeronaSera

Albanian Mafia, Drug Trafficking Money Laundered to Purchase Real Estate in Verona

An operation that saw the collaboration between the Guardia di Finanza of Verona and the National Bureau of Investigation of the Republic of Albania, would have brought to light one of the first cases in Italy of reinvestment of the proceeds of international drug trafficking by the Albanian mafia...

3 days ago

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