USA Watchdog-

Real estate expert Fabian Calvo says there’s more to the story about rising prices in the housing market than what’s reported by the mainstream media.  Calvo charges, “There’s a tremendous amount of manipulation . . . Yes, prices have gone up 3%.  I see it, but it’s because the inventory has been suppressed on purpose by big players . . . not foreclosing on properties.” Calvo should know because he runs a company called TheNoteHouse.us.  It buys and sells $100 million annually in distressed debt and real estate.  Calvo says, “Over 20 million houses, on any given night in America, are completely sitting vacant.” 

[USA WATCHDOG]