Buffett didn't hesitate. "If I knew where I was going to want to live the next five or 10 years, I would buy a home and I'd finance it with a 30-year mortgage, and it's a terrific deal," he said.

He didn't stop there. "If I was an investor that was a handy type, which I'm not, and I could buy a couple of them at distressed prices and find renters... it's a leveraged way of owning a very cheap asset now, and I think that's probably as attractive an investment as you can make now."

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[–] 76 points 1 year ago* (last edited 1 year ago) (2 children)

Wow, very misleading article. Buffet said those things in 2012, right as the economy was starting to recover from the great recession. Things are very different now.

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