More evidence that the real estate market is rigged
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Article from the San Francisco Chronicle:

“Right now the dominating force driving the rental market in California is foreclosed-upon former homeowners transitioning to renters,” Burke said. “That demographic is an important market segment for us.”

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Can I say my 4 words?
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A few  years ago i told you that Detroit was a steal. You could have  purchased  houses for $1000.  Everyone wrote it off but i know better. Experience has told me that things come back. I knew the auto industry would come back. The govt would not let it fail. There used to be a saying that said, “AS General Motors goes, so goes the nation”.

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