Housing investment boom crowds out individual buyers

04/22/2013 | Washington Post, The

Single-family homes in distressed areas are a hot asset right now for Wall Street investors, with some firms snapping up hundreds of homes a day. Some analysts worry that individual buyers are being crowded out of the market. "Lower-income Americans will lose their opportunity for the American dream of building wealth through owning a home," said Jack McCabe, a Florida real estate consultant.

View Full Article in:

Washington Post, The

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
New York Advocacy and Campaigns Manager
Crisis Action
New York, NY
Grants Manager
One Acre Fund
Nairobi
Development Officer
SAVE Dade
Miami, FL
Manager Supply Chain Logistics
FedEx Express
Los Angeles, CA
Fixed Wing Flight Test Pilot/Systems Engineer
Aurora Flight Sciences
Manassas, VA