Wednesday, December 5, 2012

Hedge-fund manager turned billionaire predicts greater housing rebound

A hedge-fund manager turned billionaire who made his money betting on the collapse of the housing market is now seeing positive results in his recent residential investments. In fact, a $298.4 million real-estate fund managed by Paulson & Co. would be worth as much as twice the total amount invested if the properties were sold today.

The Wall Street Journal
Craig Karmin

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/DkXo8skaMzk/hedge-fund-manager-turned-billionaire-predicts-greater-housing-rebound

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