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What did Warren Buffett say?

Posted by andreamedaugh on February 29, 2012
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So would you do what Warren Buffett just said and invest in single family homes to build your wealth?

Warren Buffett spoke on the CNBC show Squawk Box and said that he would “buy up a couple hundred thousand single family houses if it were practical for him to do so.” He feels that if “held for a long period of time and purchased at low rates, houses are even better than stocks. He advises buyers to take out a 30-year mortgage and refinance if rates go down.” Sounds good to me! Ready to start? See the transcript here: http://www.cnbc.com/id/46538421/

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