The man who gained fame and fortune by betting against the housing market expects it will come roaring back, not because homes are going to be actually worth more, but because inflation will soon drive down the value of the pathetic fiat currency we all use and we will have to pay more dollars for them in the future. Or rather to put it simply says John Paulson:
“If you don’t own a home buy one,” Paulson recommended; ” 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.”
Buy a home for your sister’s brother-in-law’s nephew while you’re at it! Of course, he could be wrong this time around. You never know.