Blackstone's Baratta Sees Underinvestment in Single-Family Homes.

(Bloomberg) -- Blackstone Group Inc.'s head of privateequity, Joe Baratta, said the lack of investment inbuilding single-family homes in the U.S. since the 2008financial crisis is poised to reverse during the next 10years. "There's been a structural underinvestment in theconstruction of single-family homes", Baratta said Thursdayin an interview on Bloomberg Television. [Extracted from the article]

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