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When Wall Street becomes a landlord

April 9, 2014 · by Adam Ashkenas

By Lisa Gibbs @Money April 8, 2014: 5:23 PM ET

real estate investing

Housing investors are flipping foreclosures into single-family rentals.

(Money Magazine)

The stronger-than-expected housing recovery — a 20% rebound since 2010 — owes a lot to the investors who swept into recession-ravaged cities and scooped up distressed homes. [CNNMY]

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Posted In: Economic News
Tagged: manhattan apartment, Manhattan condo, Manhattan Real estate, manhattan real estate agent, manhattan real estate broker, New York city apartment, new york city real estate agent, new york city real estate broker, upper west side real estate

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