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Berkshire’s Big Bet on Housing | Real Estate News
Berkshire Hathaway just splashed $6.8 billion on homebuilder Taylor Morrison, signaling a bold pivot toward real estate after Warren Buffett’s longtime skepticism. New CEO Greg Abel is aggressively deploying Berkshire’s “dry powder” to capitalize on the housing market’s rebound, even as some builders like D.R. Horton remain cautious about affordability and consumer sentiment. With profits more than doubling and cash reserves shrinking by over $31 billion, this isn’t just a short-term play—it’s a long-term bet to dominate every stage of the housing ecosystem, from construction to sales to…
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