Thursday, Jun 03, 2010
Warren Buffet says rising (house) prices were like narcotic
CSPAN: CSPAN Buffet-Moody congress testimony
At 54:00 minutes, warren buffet said rising house prices were narcotic and people thought that if buying a house
you can afford is a good investment, then buying one you can't was still a good investment. If buying 1 was
a good investment, people thought buying 3 were still good investment,
Posted by easybetman @ 11:05 AM (356 views) Add Comment
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