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Analysis: Housing is starting to look like a good investment
The U.S. housing market is beginning to make its long-awaited recovery and a whole new generation of investors is looking for ways to make a profit from it, according to The Economist. "As a trade, buying houses is the polar opposite of what made hedge funds rich from 2007; it is a bullish bet which eschews complex financial products," the magazine notes. "It is also far less racy: a 7% yield is hardly the stuff of investment lore, even if greater profits may come."
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