Laura White, AB,ALHS,CRS,ASR,ABR,ASP,SRES,RELO,CFS,CDPE
Windermere East, Inc.
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Paulson Says Time To Buy
Posted on January 24, 2011
John Paulson, the multibillionaire hedge fund operator who made a killing betting against subprime mortgages a few years ago recently spoke at a standing room only crowd at New York's University Club. Paulson he thinks inflation is in store by 2012 and he thinks the run up in bonds is over. He also told the crowd:
"...this is the best time in 50 years to buy homes...your debt and interest payments get locked in at record lows, while the price of your home will rise."
"If you don't own a home, buy one...if you own one home, buy another one, and if you own two homes, buy a third and lend your relatives the money to buy a home."
To read the related Forbes article click below:
