(NEWSER) – Remember the phrase "mortgage-backed securities" and stories about how they helped send the economy into a tailspin? Well, Wall Street has a new and not-so-improved version, this time involving rental homes, writes David Dayen at Salon. Private equity firms such as Blackstone have been buying as many single-family homes around the country as they can (many of them foreclosures), doing superficial upgrades, then renting them out to families. Some nuts and bolts:
With the weather getting warmer 96.1 The Beat wants to hook you up with a paintball party for you and your friends. Enter this week for your chance to win certificates to Allstar Paintball for field entry and equipment rental for eight (8) people.
You can see Robin Thicke at The Fillmore on March 23rd! You must stop by Wendy's on San Miguel and Academy from 12pm-2pm on March 15th for your chance to WIN! Two lucky listeners will win a pair each!