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Bullish on Single Family Rentals: Housing Pro

Tuesday, 20 Dec 2011 | 10:20 AM ET

November housing starts rate is the highest since April 2010. Does that signal improvement for the housing market? Oliver Chang, Morgan Stanley head of U.S. housing strategy, says he's bullish on the single and multi-family rentals market, and "cautiously optimistic" on the distressed housing market.