Cramer: Now is the time to buy a house

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Cramer: Now is the time to buy a house

Edward Harrison | 3 June 2009 07:56

Jim Cramer is not just calling a stock market bottom, but now he’s calling a housing bottom too. In fact, he says go buy a house. “Buy a house and buy Bank of America too?” Cramer says: “This is patently obvious.”

Take a look and tell me what you think. Personally, I know his stock picking record is dubious so I tend to dismiss this too. Hat tip Joe Weisenthal.

About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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More About: Bank of America, Housing, market wizards, mortgages

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3 Comments

Jo says:

3 June 2009 at 12:40

Crametard needs to stop saying words.
tpn says:

4 June 2009 at 00:08

Hell, I’ll but two, with all that cash I have laying around.
jb says:

5 June 2009 at 22:33

lol no way in hell have we reach a housing bottom !