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The Great Investor Purchase of Foreclosed Properties

post from Firedoglake on 02 July 2012 10:15:32 PM. © Firedoglake

So the "stability" in the housing market comes from a new class of investor landlords buying up masses of properties on the cheap - one example in the piece shows a foreclosed borrower willing to pay $300,000 for a house than an investor took for[...]

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