One time Housing Skeptic Comes Full Circle with $1 Billion Bet on Rentals

Donald Mullen Jr., who helped Goldman Sachs Group make a killing a decade ago by betting that the housing market would collapse, is going long on the sector’s recovery. The Wall Street Journal writes about Mullen’s plan to raise $1 billion to buy single-family homes for renting out to tenants through Premium Partners LLC, a real-estate investment firm that he co-founded.

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