Posted Sep 4, 2010, 9:27 AM
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Registered User
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Join Date: Aug 2009
Posts: 92
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Quote:
Originally Posted by mrjauk
Ah, thanks.  As for the impact of drug money on RE prices, here, I also think that it is overblown. I know that some have claimed that drug money is laundered via real estate, but is that true? I mean, if I walked up to a real estate agent and said, here's 500K cash for that condo you're selling, would that not raise a red flag somewhere? |
Some real estate agents are gang members just for this purpose.
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