Sunday, February 3, 2013

Turning Foreclosed Homes Into Rentals Could Be $100 Billion Industry This Year


Commented Apr 13, 2012 at 17:39:42 in Business

“I was trying to figure out why the banks were foreclosing on loans when the loans had been turned in bonds and were held by bond holders. Maybe this is the answer. Were the cheap bonds bought up by the banks for the purposes of acquiring rent houses? Wow, that would be a smart play. Even smarter if they used bailout money for that purpose? I am just doing some stupid guessing.”

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