Buying Australian Houses!

Every year the world awaits a long homespun message of wit and wisdom from Warren Buffet, world’s greatest investor. He has been writing this letter for 41 years and started when his company’s share price was $19. Today that single share would be worth $95,000!

 

Home Buyers Market

There are many lessons to be learned from the world’s greatest buyer and investor. Mr. Buffet’s insight into home ownership is especially relevant for Australians in our current market.
“All things considered, the third best investment I ever made was the purchase of my home.”
What about Australian property? Would Warren Buffet be casting a wise eye over the opportunities here? We have seen many commentators talk about a “buyers market” due to price weakness. While many government officials including the Reserve Bank talk about an easing of pricing pressures. Who’s right?

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