Well he missed that guess… rates are low, inflation in check, equities moving up and down as the latest good news bad news events around the world occur.
I have heard talk from those who study our economy that we could be in for a prolonged interest rate stagnation just like Japan has been the last 20 years…
As this is the best time in 50 years to buy homes, Paulson advised his listeners, crowded into 3 separate dining rooms, to issue 30 year mortgages to buy a home as “your debt and interest payments get locked in at record lows, while the price of your home will rise.”
“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.”
This is the part i found that investors would be interested in, all the rest sadly is not something as a foreign investor i would want to be a part of. I took most of my money out of the market before the dot com bust. Paid for most of my school that way, now i wish i had that money i put in school that i could put in properties.
You must be logged in to reply to this topic. If you don't have an account, you can register here.
