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March 2012
No Inventory, High Rents Heat up the Spring Selling Season
2012: An Accelerating San Francisco Market March 2012 Update "If I knew where I was going to live for the next five years or 10 years, I'd buy a home and I'd finance it with a 30-year mortgage. It's a terrific deal --- If I had a way of buying a couple hundred thousand single-family homes --- I would load up on them. And I would take mortgages out on them at very low rates --- [With] a 30-year mortgage --- it's a leveraged way of owning a very cheap asset now. That's as attractive an investment as you can make." Warren Buffet, February 27th CNBC Interview on Investing