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by klenwell
2169 days ago
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Yes, this has been going on for a while. From 2013: Wall Street played a central role in the last housing boom by supplying easy — and, in retrospect, risky — mortgage financing. Now, investment companies like the Blackstone Group have swooped in, buying thousands of houses in the same areas where the financial crisis hit hardest. https://dealbook.nytimes.com/2013/06/03/behind-the-rise-in-h... |
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