Reported about 1 month ago
In a revealing interview in 2012, Warren Buffett expressed his interest in purchasing 'a couple hundred thousand' single-family homes, advocating for the use of low-rate mortgages as a sound investment strategy during the post-financial crisis period. His optimistic view marked a strategic opportunity for long-term investors and highlighted the potential for real estate to yield better returns than stocks if acquired sensibly. As the housing market has evolved significantly since then, Buffett's advice to think long-term and hold properties remains pertinent for today's investors facing uncertain market conditions.
Source: YAHOO