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So THAT's what happened to the shadow inventory!
invite response
2013 Apr 27, 10:46am 1,636 views 1 comment
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AD
2013 Apr 27, 12:22pm
AD
2013 Apr 27, 12:22pm
Get enough inside (i.e., Wall Street) and foreign investors to buy up all the shadow inventory in Los Angeles and rest of country. Just have to work on driving down the Rent to Income ratio so they can be profitably converted to rental properties.
Its all in Spain!
http://www.guardian.co.uk/money/2012/jun/08/buy-holiday-home-spain
http://www.marketplace.org/topics/world/fix-housing-collapse-spain-looks-foreigners
#housing