Showing posts with label rising prices in the west.. Show all posts
Showing posts with label rising prices in the west.. Show all posts

Monday, May 10, 2010

John Paulson's big call: a V-shaped recovery and a major housing recovery

CNBC reports that John Paulson just held a conference call with investors after announcing solid April returns.

His big call: he's predicting a V-shaped recovery and a major housing recovery.

Specifically, he sees prices rising 3-5% in 2010 and 8-12% in 2011.

But this isn't much of a shock. Paulson recently launched a housing recovery fund through which he's making significant bets on rising prices in the west.


(from business insider, May 10, 2010)