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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] New post 28 Feb 2011, 13:15
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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] New post 01 Mar 2011, 13:24
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, 13:24
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Buffett Says Home Ownership Still Makes Sense for Most Ameri

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