Buffett ‘wrong’ on housing market | The Daily Times | delmarvanow.com

Buffett said housing “remains in a depression of its own,” but he predicted, in typical plainspoken style, that the housing market will come back because some human factors can’t be denied forever.

“People may postpone hitching up during uncertain times, but eventually hormones take over,” he wrote. “And while ‘doubling-up’ may be the initial reaction of some during a recession, living with in-laws can quickly lose its allure.”

via Buffett ‘wrong’ on housing market | The Daily Times | delmarvanow.com.

This entry was posted in Home Building, Ping.fm, Real Estate. Bookmark the permalink.

Comments are closed.