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US: Printed money in the right hands
  • The share of Americans who own their homes was 65 percent in the first quarter, down from 65.4 percent a year earlier and the lowest level since the third quarter of 1995, the Census Bureau reported today.

    "Investors" are buying single-family homes and renting them out to capitalize on demand among families unable to qualify for a mortgage.

    Home values in 20 cities increased 9.3 percent in February from a year earlier.

    FED is "financing" top 5th percentile and this guys "invest".