For any "Mega Investors" out there, here comes Fanny Mae sale of foreclosed properties to rental investors. Its the governments way of bolstering home prices, but what it will do to rental rates is unclear. It will certainly put some downward pressure on rental prices, but just how much is anyone's guess. Whenever the government tries to "fix" something they broke in the first place it is wise to take cover.
Investors Get Ready for FHFA's Foreclosure Bulk Sales
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