New construction is on the rise, and the number of new houses being built and sold is up. "Markets Rebound on Builder Optimism" p. B2, col. 4 (Associated Press report published in New York Times Nat'l ed., "Business Day" Section, Tuesday, August 18, 2015), published online under the headline "Wall St. Closes Up After Early Losses."
Existing house sales are up to a level not seen since the Great Recession began. "Sales of Existing Homes Hit Pace Last Seen in 2007" p. B2, col. 3 (Reuters report published in New York Times Nat'l ed., "Business Day" Section, Friday, August 21, 2015).
However, markets have not exactly "rebounded". The market looks very different today. Hedge funds and other investors are the ones who are buying houses and renting them to people. Based on past experience, many investors will find many ways for their investments to provide them with returns, particularly since the investors will not be the ones dwellling in the houses.
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