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Wall Street institutions behind home price surges in markets like Phoenix

Posted on 19 March 2013

It’s no secret that Wall Street has been bullish on real estate. Housing stocks have surged over the past year, many teetering on the edge of overbought, and billionaire investors like Warren Buffett have been exceedingly vocal about the investment opportunities brick and mortar properties have represented.
Private equity and hedge fund firms have been sinking billions into single family rentals, buying distressed homes off of banks’ balance sheets in discounted bulk………………………………………..Full Article: Source


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