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IT's Not a Housing Boom. It's a Land Grab - COLORLINES

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Birth Control Works6/01/2013 3:15:40 pm PDT

re: #1 funky chicken

They figured out it’s cheaper to do this than to adjust the amount of principle on underwater mortgages? Or they think the rental market is going to boom? Why else would these corporations buy up a lot of overpriced real estate?

I think they are the same ones getting all the government breaks right now. I haven’t done a study yet. It’s all rather ominous.