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Warren Buffett on CNBC: I’d Buy Up ‘Millions’ of Single-Family Homes If I Could – US Business News – CNBC

February 27, 2012

Warren Buffett on CNBC: I’d Buy Up ‘Millions’ of Single-Family Homes If I Could
Published: Monday, 27 Feb 2012 | 6:17 AM ET By: Alex Crippen

David Grogan/CNBC
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Warren Buffett says along with equities, single-family homes are a very attractive investment right now.

Appearing live on CNBC’s Squawk Box, Buffett tells Becky Quick he’d buy up “millions” of single family homes if it were practical to do so.

If held for a long period of time and purchased at low rates, Buffett says houses are even better than stocks. He advises buyers to take out a 30-year mortgage and refinance if rates go down.

Here’s the video!

http://ping.fm/unX0r

From: http://ping.fm/CyJe0

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