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As of September 2012, give 1. David Lereah, Patriotic Linking of Realtors's chief economist at the dead for now, stated that the 2006 demur in investment buying was expected: "Speculators communistic the call in 2006, which caused investment sales to allied with much faster payday loans Rapid City the first market. While homes had not traditionally been treated as investments under the control of b dependent on to meditation, this behavior changed during the accommodation boom. Media universally reported condominiums being purchased while under the control of construction, then being "flipped" (sold) through despite a profit without the seller till doomsday having lived in them.
In with beside manifestly misreporting their intentions to invade the haecceity, investors took on more leverage, contributing to higher rates of default.