Sold whats the name of your company . Were private. But the recovery isnt quite what it seems. Housing recoveries are typically led by buyers. And those buyers, historically, were typically homeowners. People who intended to purchase and live in the home. They werent investors, and it wasnt second homes. I dont want to be on camera but in 2011, 2012, you started seeing firms that were backed by some of the larger private equity firms beginning to get into the market. Who came in and bought houses by the block, basically. Weve been trying to talk to some of the investors here like Invitation Homes right behind me, but they refused to talk to us. This has not been the ideal recovery. This is the only housing recovery we have right now. Its a landlords market and rents are rising across the country. The question is are investors jumpstarting the economy or laying the foundation for a new crisis. Right now the biggest landlords in the u. S. Is wall street. Tonight fault lines investigates
A short time ago heavily armed police stormed the cafe after around 16 hours of the hostage situation. Stun grenades were thrown in to the building. Lots of gunfire, lots of gunshots and as you can see hostages were removed in some cases with help from the cafe. A little earlier than this several hostages came running out, running down the road shortly before the gunfire started. Were being told that there could be two series injuries. We have no more information than that. They could be gunshot wounds and as yet no information on the hostage taker, no information as to whether he is injured or what his condition is. These are live pictures that were getting now. You can see a Police Rescue vehicle to the left of your screen, a paramedic to your right. Another stretcher, clearly some of the hostages in need of medical treatment. Lets go to Andrew Thomas in sydney, and who has been following the hostage situation throughout the day. Andrew, a dramatic end to a long police operation. 16
[ bells toll ] bullets. A policeman lied injuries [ bells toll ]. You are watching al jazeera, this is the scene in paris, where a minutes silence is being observed to honour 12 killed in an attack on satirical magazine Charlie Hebdo. The bells of notre dame are tolling. Today is a national day of moung for france. Flags are flying at half mask across the country. Police have issued arrest warrants for two brothers accused of carrying out wednesdays shooting. The kouachi brothers are accused of killing 12 people at the office of of satirical magazine Charlie Hebdo on wednesday. French president Francis Hollande chaired a crisis meeting with ministers and his predecessor Nicolas Sarkozy who heads the main opposition party. Lets go to jacky rowland, joining us from the Place De La Republique in paris, where thousands gathered to hold the vigil. You are there right now on this day of mourning. Give us a sense of what the mood is like there . You may be able to hear that the two minutes en
Competition has gotten steep. Sold whats the name of your company . Were private. But the recovery isnt quite what it seems. Housing recoveries are typically led by buyers. And those buyers historically were typically homeowners. People who intended to purchase and live in the home. They werent investors and it wasnt second homes. I dont want to be on camera but in 2011 2012 you started seeing firms that were backed by some of the larger private equity firms beginning to get into the market. Who came in and bought houses by the block basically. Weve been trying to talk to some of the investors here like Invitation Homes right behind me but they refused to talk to us. This has not been the ideal recovery. This is the only housing recovery we have right now. Its a landlords market and rents are rising across the country. The question is are investors jumpstarting the economy or laying the foundation for a new crisis. Right now the biggest landlords in the u. S. Is wall street. Tonight fa
But now, housing sales in some parts of the country have picked up. It really started in 2010 2011 in the wake of the housing bust and the foreclosure crisis that ensued. There were markets that were totally devastated. You had an unbelievable number of foreclosed homes. At foreclosure auctions like this one in georgia, competition has gotten steep. Sold whats the name of your company . Were private. But the recovery isnt quite what it seems. Housing recoveries are typically led by buyers. And those buyers historically were typically homeowners. People who intended to purchase and live in the home. They werent investors and it wasnt second homes. I dont want to be on camera but in 2011 2012 you started seeing firms that were backed by some of the larger private equity firms beginning to get into the market. Who came in and bought houses by the block basically. Weve been trying to talk to some of the investors here like Invitation Homes right behind me but they refused to talk to us. Th