Is money laundering a major concern in real estate markets?

[totallyproperty]

Over the years we have seen an array of money-laundering regulations introduced to the financial arena with many focusing upon the real estate market. Do you believe that money-laundering is still a major problem within the real estate sector or are current regulations too cumbersome, adding too many layers to the transaction process?

 

[atun]

its like the two sides of a knife...