Buffett's Example To Obama

... the housing market, where about 1.2 million households are formed to buy a house each year.  That's been the historic trend.  But we went through a span of time, four or five years, because of the bubble and sub-prime lending and all the shenanigans that were going on with the mortgage market, when we were building two million homes a year.  Now we're building 500-thousand ... we're going to get back to 1.2, but right now we're soaking up a whole bunch of inventory.