But as the stock of foreclosed properties shrinks, prices will normalise.
When General Growth Properties' stock fell 95% in late 2008, most investors fled it like toxic waste.
New-home sales fell by 3.2% in October, the first drop in three months, and the stock of unsold new properties continued to rise.
This goes for all the 3-digit stock prices attached to properties like Apple, Amazon, Google, VMware, MasterCard, even Blackrock, while Berkshire Hathaway runs into 5 digits on its A stock.
Andy Lewis, the council's chief housing and public protection officer, said: "We have a housing stock of 12, 000 properties and we have to put together a business plan to improved those properties but were are not going to have the money, " he said.
Angela Forshaw, director of housing at Liverpool Mutual Homes (LMH), said half of its stock of more than 15, 000 properties comprised three-bedroom homes.
However, opponents say selling properties will reduce the rental housing stock available for those on low incomes.
They first took stock of the inventory of the few hundred common properties that they owned.
Within 18 years, the brothers managed to take their company, General Growth Properties, public in the New York Stock Exchange.
Within the technology sector I expect more interest in IBM and Microsoft, obviously multinationals, but very inexpensive properties with innate capacity for financial engineering, namely stock buybacks, rising dividends and fill-in acquisitions.
"We took a decision to invest a substantial amount in these properties to bring them back in to our housing stock and to contribute to the Bo'ness Townscape Heritage Initiative, " he said.
BBC: Falkirk Council finishes work on Bo'ness 'Coffin Blocks'
The British conglomerate said it was considering a separate listing of Swire Properties Ltd. on the main board of the Hong Kong stock exchange.
But his primary concern is that, in some areas, a turnover of real estate owned (REO) properties to private hands, without proper oversight, could simply lead to a stock of neglected rentals in already depressed metro markets.
FORBES: Obama Rental Plan May Work In Some Cities, But Not In All of Them
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