Warren Buffett | Talks Home Ownership

Warren Buffett is a legend. His knack for buying undervalued companies has made him billions and he is one of the richest men on the planet. I love some of his quotes.

Recently Warren weighed in on the housing market and the state of the American dream. His basic opinion is that home ownership is a good thing but only at affordable levels, advising against pushing every one to stretch themselves for a dream home.

“Home ownership makes sense for most Americans, particularly at today’s lower prices and bargain interest rates,”; he wrote in a February 26 released letter hewrote to shareholders. But, “[a] house can be a nightmare if the buyer’s eyes are bigger than his wallet and if a lender – often protected by a government guarantee – facilitates his fantasy.”

Read the full article at AOL Real Estate.

Here are some of my favorite Warren Buffett quotes, past and present.

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

Only when the tide goes out do you discover who’s been swimming naked.

Price is what you pay. Value is what you get.

Your premium brand had better be delivering something special, or it’s not going to get the business.

All great nuggets of wisdom from the Oracle of Omaha.