"Paul Habibi, a real estate investor and lecturer at the UCLA Anderson School of Management, said he purchased more than 300 homes after the housing crash and still owns most of them. He explained that this bifurcation of the housing market happened all over the country — those who had cash on hand when the housing crisis hit were able to invest and profit significantly, while those who had cash tied up in their homes and very little equity were easily wiped out. Plus, they were suddenly in need of rental housing. "It's kind of two edges of the same sword," Habibi said..."
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