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I suspect the glut of bank owned homes might suddenly burst. Right now banks are finding it more profitable to rent these homes and own them as appreciating ass
by etempleton 4y ago
I suspect the glut of bank owned homes might suddenly burst. Right now banks are finding it more profitable to rent these homes and own them as appreciating assets, but what happens if rental prices bottom out, or the banks need cash?
I could see mass sell offs.