Wall St. Buyers Behind Rise in House Prices

(Community Matters) Not to just keep posting NYTimes headlines . . . and, I hadn’t realized the sooner-than-expected housing recovery was Wall Street driven as institutions were purchasing 10s of thousands of homes.  That’s laudable and also gives some pause. Overall appears a good thing, even an innovative way to make money and help speed up recovery. I’m sure there’s downside and worries – hopefully less worry than appreciation.

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