housing
Analyst Dick Bove of Odeon Capital has long been arguing against buying the common shares of Fannie Mae and Freddie Mac, but his latest argument in favor of housing reform could offer reasons to buy those common shares. He believes Fannie Mae and Freddie Mac will be strengthened next year because of the need to provide a boost to housing, and he suggests that history may repeat itself to make that happen.Q3 2020 hedge fund letters, conferences and moreHistory repeating itselfBove drew comparisons between the current situation and what was happening in the late 1960s. At that time, civil rest r...
ValueWalk
Millions of people are evicted from their homes every year in America, but as COVID-19 continues to ravage the United States, is highly likely to face an eviction epidemic that will devastate millions more.[reit]Q2 2020 hedge fund letters, conferences and moreAlmost as soon it arrived in late February, the pandemic completely changed the housing landscape in most US states, which is now coupled with an economic collapse unlike any seen in a generation. While people are already struggling to make their rent and mortgage payments, the range of local, state, federal protections and other resource...
ValueWalk
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