Showing posts with label Housing Market. Show all posts
Showing posts with label Housing Market. Show all posts

Monday, March 4, 2013

Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet

Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet
"The foreclosure crisis in America has had many unexpected twists. But none may be as striking as the latest development: real estate speculators, with billions in ready cash, are swooping into hard-hit locales and buying foreclosed and low-end homes with the same vehemence that created the housing market bubble."