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Landlords taking over America's housing market

One in three homes sold last year acquired by buyers who don't live in them

Smaller investors - particularly those who have already paid off their mortgages on the homes they live in - see rental properties as an attractive way to save for retirement.

New York

AS rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the US is increasingly a country of renters - and landlords.

Last year, 37 per cent of homes sold were acquired by buyers who didn't live in them, according...

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