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Newly flush Wall Street investors moved into the mid-marketwith so much money that they bought nearly every foreclosure insight, mostly to rent. The Blackstone Group, for example, spent$5.5 billion on 32,000 homes across America, according to thefirm. American Homes 4 Rent, the California-based real estateinvestment trust founded by self-storage billionaire WayneHughes, spent $3.3 billion, on more than 19,000 houses.
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