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Upon further reflection, the purchases in the subdivisions are also going to be very interesting to watch since the hedge funds are basically buying influence a
by malandrew 13y ago
Upon further reflection, the purchases in the subdivisions are also going to be very interesting to watch since the hedge funds are basically buying influence and maybe even control on the homeowner's associations when there is one. Their decision to focus on renting is often very against the goal of HOAs. Many HOAs try to restrict the percentage of homes in a subdivision that can be rentals and IIRC the ability to get either federal mortgage loans is impacted by this ratio as well.