But it might only get bigger. Strategic Acquisitions was but one of a couple of businesses in Los Angeles County, and one of dozens in case study answer United States, that hit on case study solution same idea after case study answer economic crisis: load up on foreclosed houses at a discount of 30 to 50 % and rent them out. Rather than masking groups and making it easy for homeowners to restructure bad mortgages or repair their credit after succumbing to predatory loans, case study solution government facilitated case study answer transfer of wealth from people to deepest equity firms. By 2016, 95 % of case study answer distressed mortgages on Fannie Mae and Freddie Macs books were auctioned off to Wall Street buyers with none significant stipulations, and private equity firms had got greater than 200,000 homes in eye-catching cities and middle class suburban neighborhoods, making a tantalizing new asset class: case study solution single family rental home. The companies would make cash on rising home values while tenants lined case study answer mortgages. When Ellingwood reached out to Strategic Acquisitions in case study answer winter of 2013 to buy his house, it was no longer drawn to promoting.