If it was logistically possible.
Buffett made the remarks on CNBC’s Squawk Box. Watch the video.
While is not really possible for Buffett’s Berkshire Hathaway to invest 10’s of billions of dollars into individual single family homes, that is not stopping investors on a slightly smaller scale.
Many, many buyers are reporting frustration when shopping for homes in the Scottsdale area that their offer which are conventional financing are getting overlooked in favor of bids from cash investors.
If the change in median house price keeps up the pace indicated by the chart above it’s very hard to argue that single family homes are a bad investment. That’s why so much cash is flowing towards it.