Billionaire: Home Ownership Still the Best Investment

If a billionaire recommends investing in‪ #‎realestate‬ for the best ROI, I'd listen! 

http://bit.ly/1nkCOdJ

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July 19 - US
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Answers (4)

Paulson may not be a fan of investment real estate, but most of us can't afford to buy large office buildings.
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August 02
Warren Buffet said the 30 year mortgage was free money. And said, if he could get 30 year money, on hundreds of properties at a time, he'd be all over it. I don't 'xpect he'd live in all of them. He seems kinda knowledgeable, and I know who he is. His company only made $6.2 bil., this quarter, with basically passive investments. Anywho....
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August 02
Profile picture for ScottsdaleSEO
I agree I rather invest in web properties [Website removed by Zillow moderator See our  Good Neighbor Policy.]then single family homes to rent. The only lucrative home/rental model seems to be mobile homes or multifamily. Renting single family homes one by one isn't as lucrative unless you live it in and buy it right like in the last 7 years of the downturn. 
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August 02
Profile picture for wetdawgs
What does he really say in the article?

"Paulson stressed that an owner-occupied home — not a home bought to be a rental — is what he views as the best investment individuals can make right now.

"To buy it as an investment and rent it out — I'm not so enamored with that concept," he said"

So, I'm not sure how Luciano interprets this as a recommendation for investing in real estate.

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July 19
 
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