Tagforeclosures private equity

US Government Creates Investment Opportunity for 2012

Fighting the uphill battle of reviving a weak housing market, the Federal Government is planning on stepping into the market with a creative solution – to turn foreclosed homes into rental units. The plan would create roughly 200,000 new rental homes this year. Though still in the works, the US government has indicated it plans to carry out the operation in “early 2012”...