Money Quote: Greg Abel on the U.S. Housing Market

Dow Jones

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"We don't envision a quick recovery there, but we do see it as an industry that we definitely want to be invested in and we're invested in for the long term."

-Berkshire Hathaway CEO Greg Abel, speaking on CNBC about his company's recent bet on homebuilder Taylor Morrison Home and on the American dream of homeownership.

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