Fentanyl/Real Estate Cycle

  1. Fentanyl dealers launder their profits through Vancouver’s real estate market1)https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/
  2. The influx of proceeds of transnational crime causes Vancouver’s home prices to soar causing a frenzy of speculation.
  3. This toxic demand then leads to eviction and homelessness.
  4. Eviction and homeless has been linked to increases in addiction2)William Damon, Ryan McNeil, M -J Milloy, Ekaterina Nosova, Thomas Kerr, Kanna Hayashi; Residential eviction predicts initiation of or relapse into crystal methamphetamine use among people who inject drugs: a prospective cohort study, Journal of Public Health, https://doi.org/10.1093/pubmed/fdx187.
  5. The increase in addiction then leads to increase in fentanyl sales
  6. The increase in sales leads to large profits to the dealers

References   [ + ]

1. https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/
2. William Damon, Ryan McNeil, M -J Milloy, Ekaterina Nosova, Thomas Kerr, Kanna Hayashi; Residential eviction predicts initiation of or relapse into crystal methamphetamine use among people who inject drugs: a prospective cohort study, Journal of Public Health, https://doi.org/10.1093/pubmed/fdx187

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