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Palm Coast, FL – April 4, 2012 – Buying single family homes as an investment just might save the housing market, says one of the country’s biggest real estate investment firms in New York.
GTIS Partners, one of the largest investors of global real estate, has its eyes set on new, uniquely American investment opportunity. It’s less exotic than their usual hot spots. And far more distressed. Which makes the assets quite cheap. U.S. single family housing is back. This time, as Forbes writer Morgan Brennan reported this week, investors like GTIS are buying groups of single family homes not to flip them, but to rent them. If their calculations are correct, they just might be able to save the U.S. housing market.
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