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Warren Buffett may be kicking himself

Thomas Heath

Updated Dec 13, 2016 – 3.07pm, first published at 10.10am

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Back in 2012, during the depths of the housing crisis, billionaire Warren Buffett - known for his keen eye for a business opportunity - told CNBC's Becky Quick on Squawk Box that "if I had a way of buying a couple hundred thousand single family homes and had a way of managing . . . I would load up on them".

Private equity firm Blackstone Group, known for its real estate prowess, and a few other investors went out and did what Buffett shied away from.