Chinese Money Laundering and Global Real Estate

Money laundering is one of those things that most people do not think about. Many people are not quite sure what exactly it is and why it is a crime in the first place.

But a lot of people can see real estate prices in specific places in Hong Kong, Australia, London, Canada, and the United States are going up ... and up ... and up. So much so that locals can no longer afford to buy a place where they have grown up.

Another thing is that people notice that such places have a lot of rich Chinese living there. Ergo, not too hard of a mental task to connect the two together: Why is housing so expensive? Damn foreigners and their fraud money coming in!

In this video, I want to talk a bit about Chinese money laundering trends and why it's so important to the real estate question.

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Видео Chinese Money Laundering and Global Real Estate канала Asianometry