While existing home sales are on the rise all over the country, is there a cause for concern because those buying the homes are not first time home buyers.Instead, the buyers are investment trusts, private equity firms and other investors.These investors are scooping up thousands of single-family homes around the country, renovating them, and renting them out. Then, when prices rise in the future, they'll sell them.
Is this growth in the housing sector sustainable?
Is this growth in the housing sector sustainable?
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