John Paulson, the hedge fund operator who made billions betting against subprime mortgages- before any of us knew what they were, is now saying that this is the best time in 50 years to buy a home noting that “your debt and interest payments get locked in at record lows, while the price of your home will rise.”

In an article on Forbes.com, Paulson states, "If you don’t own a home buy one,” Paulson recommended; ” if you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.”