Review of Forbe’s “Buffett’s Patient Bet on Housing Recovery” (Forbes 2012). Buffett’s Patient Bet on Housing Recovery .Retrieved from http://www.forbes.com/sites/thestreet/2012/02/06/buffetts-patient-bet-on-housing-recovery/

Have no fear, Warren Buffett is here. While most of the nation is pessimistic about the housing recovery, leave it to the investment tycoon to be the optimist. In the article above, you will read that Warren Buffet has a positive outlook on the housing recovery.

Warren Buffett is known as one of the world’s most influential people. Certainly anyone would know to consider his beliefs in business and real estate. Not to mention that “Acme Brick, Johns Manville, and Shaw listed under the Berkshire Hathaway (BRK.A) umbrella, Buffett has long had direct exposure to the health of the U.S. housing industry.”

Buffet feels, “that an eventual increase in household demand will be enough to sop up the excess supply that has been holding back the housing market’s recovery.” With that demand comes jobs like construction jobs. With more jobs, more people will have a budget for purchasing a home.  On the contrary, when there is a lower demand, there are less jobs, therefore less people have the budget to purchase a home. Its a cycle that goes on and on.

We rode the wave of success a few years ago. Its time to get back up and do it all over again.

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To view the entire article, follow the link-http://www.forbes.com/sites/thestreet/2012/02/06/buffetts-patient-bet-on-housing-recovery/