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I have no idea. If a lot of these buyers are flippers then it doesn’t do much th alleviate the over-supply. It just distributes housing available for sale from the financial system to the investor class. At the same time, it at least gets vacant houses into responsible hands and presu...
There is also a large supply of foreclosed families who can no longer qualify for a loan. And that is prompting a flood of investors like… [Lou] Jarvis, who wants to turn as many of these people as possible into rent-paying tenants in the houses they used to own. ...
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