Deep-pocket investors see opportunity in rental housing

12/10/2012 | New York Times (tiered subscription model), The

Hedge funds and private-equity firms have put billions of dollars into foreclosed houses with the intention of renovating them and putting them back on the market as rental properties. They are counting on the value of the houses soaring as the housing market gets back on its feet.

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New York Times (tiered subscription model), The

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