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Despite Buffett investments, housing recovery could be a ways off, hedge-funders say

Opining experts seem to agree that the housing market has bottomed and that consumers should probably get back to buying, especially with access to historically low interest rates. Billionaires and big investors, like Warren Buffett, have heard this advice and are now buying up businesses with real estate interests, according to an article by Leonid Levit and Derek Cheung of  Honne Capital, a New York-based hedge fund, published in Forbes. But is it too soon to cry recovery? [more]

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