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Description: What does Warren Buffett see that no one else does? He just made an outsize bid on ResCap loans, the latest example of his bet that the housing market represents a great investment opportunity. Joe Light has details on The News Hub. Photo: Bloomberg.

Source: – video report

Date: July 31, 2012


Questions for Discussions:

  • What are the indicators that suggest new housing construction is on the way back up?
  • What might explain why the purchase of new housing is preferred over the supply of pre-owned?
  • Would you be a buyer of building firms today and if so, which ones?

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