Around the Markets – 3/25/13

Housing Investments – The WSJ ran a cover story today highlighting investors that are piling in housing, this time as landlords. Of course, this isn’t news, but one has to wonder if it is a little bit late at this point and how this will all end up. The investments are probably putting an artificial floor on the housing market and making the market seems healthier than it really is. The returns were much higher a year to two and three years ago, not sure how the math is adding up now, unless they are counting on more capital appreciation later and less rental income in the interim. We will see how this all ends up.