Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet
An interesting "take" on the housing market, and speculation, that could change what US homeowners have accepted as a "given". While there are more questions than answers in this article, the investment model of corporations owning and maintaining could presage a difference in what is considered the American Dream. A potential for monetary and social change.
Can a company manage, rent and sell vacant and distressed property, and turn a profit? Would this change society? A 16 to 18% return? Will this grow?
Considering the size of the housing bubble, is a macro approach possible? Can you picture this happening in your hometown?