Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Interest Rates, John Paulson & Buying a Home in 2011

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
2,725
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Dec 31, 2010

Buying a home in 2011, when to do it, what is going on with prices, interest rates, inventory, and advice from billionaires.

Category:

People & Blogs

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:

Uploader Comments (stnoyes1)

  • Paulson is stupid. Look at where the economy is headed.. the housing market is only destined to get worse. If you own one home and the value of that house isn't growing and isn't expected to grow (considering the fact that the American economy can only get worse when it defaults on one of its loans..which it will)... you're telling me that in spite of growing unemployment and a restricting economy, home values will increase? How stupid. What economics book is that in?

  • @dwinklet Real estate is not a short term investment. If we all had bought in 2001, we would not be having this conversation. I know people who bought 10 houses prior to the boom, sold during the crash and still made serious money.

  • Some may, some may not. Depends.

    However, with so many different types of loans, buyers would not have to put out that kind of money. We are in a Military area, and VA is used heavily. So, not only is it cheaper to invest in, it is a much better return on the money.

    In fact, about 2 months ago, Bank of America (I know), was offering a 5% down payment for investors vs. the normal 20% down on VA foreclosures.

see all

All Comments (7)

Sign In or Sign Up now to post a comment!
  • @dwinklet It is very possible for homes to be oversold in the near future. So, it's a good time to buy, since rates are at historical lows. I wouldn't dismiss a guy who made 20 billion betting against the housing market so easily. Nothing goes down or up forever. A house is still value, in that you don't have to live on the street or pay rent.

  • @stnoyes1 Of course, real estate is not a short term investment, but I don't think it's in the realm of full-disclosure to show this video as a form to advice without considering the long-term direction of the economy either. I doubt the avg. person buying a home is looking to wait 10-15 years just to get an ROI of 2k/year.

  • Buying a home in 2011 may be good advice. But comparing stock investment vs. real estate investment... um I'm pretty sure all youtube viewers aren't sitting on 30-40 thousand dollars wondering what to do with it

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more