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Federal government announces plans to convert foreclosures into investor-owned rentals

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Uploaded by on Aug 15, 2011

http://OwnAmerica.com

Greg Rand, CEO of OwnAmerica hosts Rand on Real Estate on 770 WABC; he discusses the White House's announcement and breaks it down. It sounds good, but it's more important to watch what they DO in Washington more than what they say. Stay tuned. This could be the first government housing program that actually works, if they listen to the private sector.

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