John Paulson: Go Out And Get Your Dream House Today

Author:
Publish date:

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]

Related