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Looking back, the housing industry is totally Scrooged

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Investments / The Ticker

Institutional investors target busiest cities

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Major real estate investors are continuing to expand into more cities as they look for single-family homes to buy and turn into rentals, USA Today writes.

In April, institutional investors bought 10% of the houses sold in the nation's 100 busiest real estate markets, up from 5% the year before, according to real estate tracker Radar Logic.

Source: USA Today
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