Buffett Says Home Ownership Still Makes Sense for Most Ameri

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Buffett Says Home Ownership Still Makes Sense for Most Ameri [#permalink]

28 Feb 2011, 14:15

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I thought this was quite funny and profound:

Feb. 28 (Bloomberg) -- Billionaire Warren Buffett said buying a home was the third-best investment he ever made, after the rings he bought for his first wife, Susan Thompson, and, after her death, his second wife, Astrid Menks.

http://www.businessweek.com/news/2011-0 ... icans.html
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Re: Buffett Says Home Ownership Still Makes Sense for Most Ameri [#permalink]

01 Mar 2011, 14:24

Maybe, but only because of the mortgage deduction. I don't have any plans of buying a home for a very long time - a large concentrated investment in an illiquid investment with idiosyncratic risks? No thanks....I'll rent.

Re: Buffett Says Home Ownership Still Makes Sense for Most Ameri [#permalink] 01 Mar 2011, 14:24

		Similar topics	Author	Replies	Last post
Similar Topics:		A condominium is a form of home ownership in which a person	becoolja	3	21 Jul 2004, 07:37
		does this make sense?	saurabh357	3	12 Sep 2007, 09:25
		Does this make sense?	Tangaroo	8	25 Feb 2008, 11:18
	3	Does MBA make sense for me...?	baron	22	03 Oct 2010, 22:01
		Second MBA - Does this make sense ?	mohanvamsi	1	14 Nov 2010, 06:01

Buffett Says Home Ownership Still Makes Sense for Most Ameri

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Buffett Says Home Ownership Still Makes Sense for Most Ameri

Buffett Says Home Ownership Still Makes Sense for Most Ameri

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