• 23 Jan 2013 at 1:26 PM

John Paulson: Go Out And Get Your Dream House Today

Speaking to an audience at Manhattan’s 92nd Street Y Tuesday night, Paulson said the housing market had shown a “strong recovery” with prices up and the number of homes for sale at a decade low. Those factors will likely put pressure on builders to create new product, he noted, creating some of the “most positive change in housing since the Lehman crisis.” Paulson said that for an individual investor, his best piece of advice was to buy a home. “This is probably the best time in our lifetime to consider buying a house,” he said. [CNBC]

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Comments (38)

  1. Posted by Danker_Banker | January 23, 2013 at 1:34 PM

    Economists expect an immediate uptick in house purchases among the seven people who still pay attention to Paulson.

  2. Posted by Guest | January 23, 2013 at 1:34 PM

    In fact, I have several for sale in your price range. Pay not attention to the fact that I'm on the other side of this transaction.

    - J. Paulson

  3. Posted by Guest | January 23, 2013 at 2:01 PM

    Residential Housing as an Investment > Advantage Funds

  4. Posted by Quant me maybe | January 23, 2013 at 2:55 PM

    Or in New York, $100MM will get you a nice plaque in Central Park, he went on to note.

  5. Posted by Guest | January 23, 2013 at 3:02 PM

    Fat finger iPhone thumbs down. Sorry.

  6. Posted by DingALing | January 23, 2013 at 3:21 PM

    Great time to buy my ass. Sounds like a shitty deal

    -Timberwolf

  7. Posted by Hobbes | January 23, 2013 at 3:35 PM

    Hey John,

    Given the recent performance of the funds you operate, we thought you'd like to know that we have a few openings for mortgage brokers at our firm.

    - Bank of America HR

  8. Posted by Guest | January 23, 2013 at 4:52 PM

    You're hired!

    - UBS S&T

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