John Paulson, whose hedge fund made billions betting the subprime mortgage market would collapse and who is the hero of the bestseller, The Greatest Trade Ever, says it’s the best time in 50 years to buy a home.
Paulson thinks this is the best time to buy a home in fifty years, exclaiming that, “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.”
Wow! I don’t even know real estate agents who talk like that. But I guess when there’s blood in the streets, it’s time to buy.