Greg Abel says U.S. housing recovery won’t be quick
Berkshire Hathaway CEO Greg Abel told CNBC he doesn’t envision a quick recovery in U.S. housing, but views it as an industry for long-term investment.
"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 dr…