“U.S. housing recoveries almost always have been ignited by rising demand from families and individuals looking for a place to live. This recovery is different. Investors—including some big Wall Street players—are leading the way, say industry executives and analysts. Their role is noteworthy given that flippers and speculators were blamed for helping to inflate the housing bubble of the past decade. Today’s investors are mostly buying with the intention of holding on to the homes and renting them out. Fear of buying homes when prices are dropping has been replaced by the fear of missing out on cheap homes.”
http://online.wsj.com/article/SB10001424127887324034804578346800317118568.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Judge orders release of detained Marine veteran Brandon Raub
Venture Capital Investment Close to Dot-Com Era
Climate Change: Key mission for the US Navy
Al-Qaeda chief Ayman al-Zawahiri calls for U.S. attacks and economic boycott
Bulgarian Pres. Blames 'Lack Of Faith In Institutions' For Bank Runs
Bloomberg: The Death of Cash
Jim Rogers still shorting U.S. Treasuries
Soc. Security, Treasury target taxpayers for parents’ decades-old debts
Greece's great fire sale
Greece becoming new Kosovo as youth jobless hits 65%
Mississippi county accused of running ‘school-to-prison pipeline’
Gold Price Oscillator (Year over Year Price Change %)
Yes, Bitcoin Enables Drug Dealing, Just as Major Banks Do
Central banks becoming major investors in stock markets
Peter Thiel is reportedly exiting Silicon Valley