Flippers' housing bust role larger than thought

Flippers' housing bust role larger than thought

New federal report shows large role investors played in the implosion

Read the whole report and you will see that investors added fuel to the fire. Read the whole story here:

http://www.msnbc.msn.com/id/45644929/ns/business-real_estate/

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Ditto

http://libertystreeteconomics.newyorkfed.org/2011/12/flip-this-house-inv...

same story with more graphs...every picture tells a story.


good article

thank you Bill,

it looks like the experienced investors are cleaning up the mess the amateur investors left behind in Vegas...

Valerie

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Good stuff Bill.

Every one should read what Paul Bell says in this article and then re read his statement again. Therein lies the root of the problem. Barney Frank and Chris Dodd again!!!!

Michael Mangham
MD Home Acquisitions LLC

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Hmm

I didn't know this. Guess investors can be both good and bad, but then we all know that. I did know that China is requiring huge down payments, I think around 50% down to buy. Guess that would eliminate a lot of people here,even your average homeowner.

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