"Amid the despair of foreclosures, many see a golden opportunity; One firm buying dozens of homes" by Jenifer B. McKim, Globe Staff | December 23, 2008
.... A Boston real estate empire that is expanding because of other people's misfortune....
A growing wave of investors and homebuyers....
While the Stamatoses top the list of buyers of bank-owned properties this year, other investors are also jumping into the market. Boston developer Stephen Chaletzky, , owner of Hearthstone Corp. in South Boston, bought 12 apartments of bank-owned city property to add to his rental stock. He renovates and deleads the apartments before putting them on the market....
--more--"All these EMPTY HOMES and HOMELESS PEOPLE!! What are we to do?
