Hedge fund star John Paulson, who made his fortune betting against the housing industry during the real estate meltdown, now sees things somewhat differently. He was quoted in a recent conference call to investors: "If you don't own a home today, now is the time to buy one," Paulson said, "adding that people may want to consider buying a second house or helping relatives buy one. Housing prices, he said, will likely grow 3 percent to 5 percent this year and increase by 8 percent to 12 percent next year" 
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