Relevant:
- Foreclosures jump as banks bet on rising house prices
- Blackstone Buying $100M Single Family Homes per Week
- Existing U.S. Home Sales Decline as Supply Drops
- The Rush for Rentals by Investors Turns Into a Run for the Exit
- "Build-to-rent" housing market, driven by Millennials, explodes as investors rush in
2012-08-30 — bloomberg.com
Investors are taking advantage of home prices that are about 31 percent below the 2006 peak and growing demand for rentals from people with damaged credit, limited savings or lack of confidence in owning a house. Firms including Blackstone, Colony and Oaktree Capital Group LLC (OAK) plan to spend about $8 billion buying single-family homes to rent
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