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To: tbw2

1. Fannie Mae DC Offices. Fed Reserve DC Office. Senator Shelby’s Office.
1. http://www.federalreserve.gov/publications/other-reports/files/housing-white-paper-20120104.pdf
2. Very liquid REITs and privately owned property management companies who can pass a screening process to prove they have the infrastructure in place to be landlords to large numbers of properties.
3. Shifting the supply curve by limiting the supply of foreclosures will in the short term will be positive on single family home prices. In the mid to long term it creates horrible problems due to the detoriatino of housing stock, i.e. physical destruction due to it being rental properties instead of owner occupied.

The only number I saw thrown about was blocks will be sold in 75Million dollar minimums, but it’s just a rumor.


14 posted on 02/02/2012 10:27:39 PM PST by JerseyHighlander
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To: JerseyHighlander

Thank you for the direct information source!


17 posted on 02/03/2012 5:32:48 AM PST by tbw2
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