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Despite the disappointing housing data out today so investors are still looking to make money in real estate are Jeff Flock is in south -- in Illinois with more Jeff.
And surprise surprise and it's -- from Wall Street believe it or not how Tim -- backed companies here.
A long time taking home buying them renovating the making a mental.
Wall Street is coming to use at like twelve Wall Street it's -- view in the last several months that's correct me why driving.
Because of this asset class is proving to be -- big advantage for them to buy into.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- I say -- better for the long run this is word this is where mattresses.
Okay -- this is what we're all the people that work for my company yeah.
Take a look at the companies -- getting involved in this everything from Beazer home would homes with back now got -- reits that they have established for.
Homes that they're building for rental single family homes building for rental other investment company she's.
Developing either reached or getting they come to you -- say.
That I can turn around about why didn't they say you'll you'll by the Holmes you -- develop I'll buy out and then then.
In a matter of years I'll take -- and -- let offices secondary market you've got a you got a little wisdom for Wall Street right now we have.
You learn from the last time.
Didn't we learn anything from the last time.
Don't try to flip these around and repackage them -- some way if you don't own a piece of property on on a piece of -- up out communities is about people it's about raising families it's not a proper -- all the time.
Appreciate it's -- -- companies he is mr.
-- And do and at the right way that's all right.
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