CNBC Television published this video item, entitled “Are investors crowding out homebuyers?” – below is their description.
“About 20 to 21 percent of homes purchased today are by investors,” but mostly smaller investors, Gary Beasley, CEO and co-founder of Roofstock tells Kelly Evans on ‘The Exchange.’ The narrative that there’s too much Wall Street money flowing in into the housing market is not necessarily fact-based, Beasley says. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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