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Can Big Money Fix Housing Market?

Mon 23 Jan 12 | 02:49 PM ET
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Can Big Money Fix Housing Market?

Mon 23 Jan 12 | 02:49 PM ET
Why some hedge funds' new strategy of buying foreclosed homes and then fixing them for sale is not a good idea, suggests CNBC's Herb Greenberg. Do neighborhoods benefit only when foreclosures are sold to owner-occupants?
 
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