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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Meanwhile, Big Investors Quietly Slip Out The Back Door On Housing As "Stupid Money" Jumps In | Zero Hedge. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Meanwhile, Big Investors Quietly Slip Out The Back Door On Housing As "Stupid Money" Jumps In | Zero Hedge
by Decius at 8:20 am EDT, May 30, 2013

According to the CEO Bruce Rose of Carrington, one of the first investors to use deep institutional pockets (in this case a $450 million investment from OakTree) and BTFHousingD.

Rose's assessment of the market? "There’s a lot of -- bluntly -- stupid money that jumped into the trade without any infrastructure, without any real capabilities and a kind of build-it-as-you-go mentality that we think is somewhat irresponsible."


 
 
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