 Money laundering through residential real estate and the financialisation of housing: exploring their links and effectsLeonardo Pataccini Chapter 15 in Handbook on Financialisation and Space, 2026, pp 254-270 from Edward Elgar Publishing Abstract: Money laundering through real estate is one of the oldest ways of transferring and hiding illicit funds. In turn, over the past decades, real estate markets around the world have been transformed by financialisation. Despite their evident connections, money laundering remains under-researched in the financialisation literature. This chapter contributes to addressing this gap by identifying and conceptualising some of the main links between money laundering through residential real estate and the financialisation of housing, and how this impacts the production and reproduction of urban built environments. To achieve its goal, the chapter analyses two exploratory case studies: Germany, with a particular attention to Berlin, and the United Kingdom, with a focus on London. The chapter shows that the rise of financialisation has created new opportunities and increased incentives for money launderers to operate through the residential real estate sector, while the massive influx of illicit money has contributed to deepening the dynamics and effects of housing financialisation. Keywords: Financialisation; Real Estate; Money Laundering; Assetisation; Polycrisis (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:23133_15 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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