I came across this article from Kellogg Insight showing how online sports betting is eating into people’s savings.

Buying a cheap foreclosure is an area with poor appreciation and a poor tenant pool is not something that any new investor should emulate.

I bet people would actually pay MORE for the property given the 50 year term...I just wonder what the restrictions will be - only for first time home buyers, only for "poor" people etc.

With inventory tight and rates mixed, some investors pick up existing deals, others go ground-up.
We’ve funded both ends: new builds and acquisitions.
Which side are you favoring this year and why?

We had to do a full renovation before renting it out, and when we advertised it last spring, we had a lot of applications from people with very poor credit or very tight financial situations.

But for the average person, it is not a financially, smart decision as they are continuously locked into the monthly payment, keeping them poor. 

“unrelated to the various bugs, the search function would be poor for 2005

The facts do not care that the poors need to live somewhere. 

The good thing about being poor there are solutions for being poor.  

Poorly built, poorly maintained, but free housing.