Why Is Blackstone Gobbling Up Properties?

Dec. 20 (Bloomberg) -- Blackstone and a handful of other private equity funds have been buying up single-family homes across America at an unprecedented rate, betting that historically low house prices will bounce back. Meanwhile, they're rehabbing and renting out these houses to families who've lost their own homes to foreclosures. Bloomberg's Willem Marx reports. (Source: Bloomberg)
Russians March Through Moscow to Honor Nemtsov
16:46 - March 2 -- Bloomberg’s Francine Lacqua and Guy Johnson report on today's top news stories on “The Pulse.”
  • China Committed to Managing Slowdown: Jullier
  • Nemtsov’s Murder Tremendous Loss for Opposition:Das
  • Motorola Reenters China Through Lenovo Acquisition