Housing Market to Trigger Jobs Boost

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  1. Joel says:

    We have a lot of foreclosed homes in my area, big rental companies are buying them up for pennies and the dollar then wanting to rent them out for outrageous prices. At least this gets them off of the bank bad property books. The new construction that I have seen in my area are all sitting empty. Prices used to be 102,000 is now 200,000 to 800,000. How can you pay this much for a home on less than 20 hours a week at $7.25 a hour?


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