Buffer says "Buy single family homes"

Buffet said he liked single family homes as good asset right now and said that “if I had way of buying a couple hundred thousand single-family homes.”

CLICK HERE for entire Buffett interview with CNBC

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Read below his entire comment on housing.

“So— but I would load up on them and I would— I would take mortgages out at very, very low rates. But if anybody is thinking about buying a home— five years ago they couldn’t buy them fast enough because they thought they were going to go up, and now they don’t buy them because they think they’re going to go down. And interest are far lower. It’s a way, in effect, to short the dollar because you can— you can take a 30-year mortgage and if it turns out your interest rate’s too high, next week you refinance lower. And if it turns out it’s too low, the other guy’s stuck with it for 30 years. So it’s a very attractive asset class now.” - Buffet 02-27-12

On investing in homes

“And if I— literally, if I was an investor that was a handy type, which I’m not, and I could buy a couple of them at distressed prices and find renters, I think that’s— and again take a 30-year mortgage, it’s a leveraged way of owning a very cheap asset now and I think that’s probably as an attractive an investment as you can make now. But I think equities are very attractive compared to anything else.”  - Buffet 02-27-12

CLICK HERE for entire Buffett interview with CNBC.  To skip to the housing conversation go to the 5:00 minute point to the video.