Living humans don’t stand a chance when a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood — but that’s OK, because rapacious investors make great landlords. Continue reading… “Hedge funds buying up of foreclosed subprimes, raise rents, float rent-bonds”
Wall Street investors buying up distressed area single family homes
Hedge funds, Wall Street investors and other institutions are crowding out individual home buyers.
Wall Street investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable.
Continue reading… “Wall Street investors buying up distressed area single family homes”



