Wall Street Smucks Unlock Profits from Distress Homeowners

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 Wall Street Smucks Unlock Profits from Distress Homeowners

Dear G&G Readers,

Now that this news is public, the "Blackrocks" of the world are done buying, so it should be interesting to see what happens to home prices in 2014. My gut says even lower home prices this year.

How ironic that the "Smucks" who caused the housing financial crisis are the ones who still are benefiting and getting even richer during the recovery.  I guess if you had your faithful politicians in your back pocket, it's no wonder why.

Click on the Bloomberg link below for more details:

http://www.bloomberg.com/news/2013-12-20/wall-street-unlocks-profits-from-distress-with-rental-revolution.html

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Asar Maa Ra Gray
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LEGAL NOTICE: This work is based on what I’ve learned as a financial researcher and analyst based SEC filings, current events, interviews, corporate press releases and what I've learned as a financial consultant. It may contain errors and you should not base investment decisions solely on what you read here.  It’s your money and your responsibility.  Nothing herein should be considered personalized investment advice.