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So the so-called “housing rebound” in home sales is REALLY nothing more than those who can buying homes WITH CASH to use a rental units BECAUSE THE OBAMANOMICS HAS DESTROYED THE ECONOMY and people can’t afford to buy any more!

“Investors are buying single-family homes and renting them out to capitalize on demand among families unable to qualify for a mortgage. Their purchases, many made with cash, are helping to support the housing recovery and pushing up prices. Home values in 20 cities increased 9.3 percent in February from a year earlier, the most since May 2006, according to the S&P/Case- Shiller (SPCS20Y%) index released today.”

http://www.bloomberg.com/news/2013-04-30/u-s-home-vacancies-fell-in-first-quarter-from-prior-year.html

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By Doug

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