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So Who is the Dumb Money Ruining the Rental Housing Market?


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The head of Carrington, which is known as an established distressed debt investor, a servicer that has been a target of litigation, and more recently, an early entrant in the single family home rental business, said this week it was no longer buying houses for lease because dumb money had ruined the market.

via So Who is the Dumb Money Ruining the Rental Housing Market? « naked capitalism.

 

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