Wall Street betting billions on single-family homes in distressed markets - The Washington Post

Wall Street betting billions on single-family homes in distressed markets - The Washington Post
“There is the possibility that Wall Street and the banks and the affluent 1 percent stand to gain the most from this,” said Jack McCabe, a real estate consultant based in Deerfield Beach, Fla. “Meanwhile, lower-income Americans will lose their opportunity for the American Dream of building wealth through owning a home.”