Forbes.com Sept 27, 2010
Billionaire John Paulson told a crowd at New York's University Club that double digit inflation is about to rear its ugly head by 2012.
"As this is the best time in 50 years to buy homes, issue 30 year mortgages to buy a home - 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."
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