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Things are Heating up Inside Wall Street’s New Rental Empire

Things are heating up inside Wall Street’s new rental empire.

Over the last few years, giant private equity firms have bet big on the housing market, buying up more than 200,000 cheap homes across the country. Their plan is to rent the houses back to families — sometimes the very same people who were displaced during the foreclosure crisis — while waiting for the home values to rise.

via “They don’t care if we freeze”: The shameful new way Wall Street is swindling ordinary Americans – Salon.com.

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