Buffett on Real Estate – Market is Sick
Warren Buffett, considered one of the great financial minds of our generation, has this to say about the real estate market. It is sick. At the annual meeting of Berkshire Hathaway, the Woodstock for Capitalists as it is frequently known as, Buffett was pessimistic on the short term real estate markets.
The combination of easy money and investors not buying for the pleasure of living in the home but for the opportunity to flip it and make extra money has put the housing industry in a poor position that will remain there for a couple of year.
But Buffett had a decidedly different view about the housing market. He said too many homes were bought by people carrying mortgages with little or no money down who then hoped to flip them quickly for a profit. “The housing market is sick and it’s going to stay sick for a couple of years” he opined. via Money on CNN
Although I agree on most points, I would like to point out that most of the banks that are being ...
The question is when are they going to release them on the market. Las Vegas leads the nation in ...
I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
I would like to know more about it. I need to know how you file for it. Please let me ...
Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
