8/18/2011

The key to reducing U.S. unemployment is a rebound in the housing market, and that might not be as far away as many people think, said billionaire investor Warren Buffett. "Unemployment will fall significantly, in my view, when we get back up to a million housing starts," he said. Excess inventory that is depressing the housing market could be absorbed before the middle of 2013, Buffett said.

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