John Paulson says now is the time to buy a house in America

John Paulson says now is the time to buy a house in America. He is bullish on real estate and gold. Paulson, the man who made billions shorting financial stocks before the crisis, says we are now at the tail of the credit crisis, which has stifled much home buying. He believes we are in the midst of a sustained recovery with a less than 10 percent risk of a double-dip recession. But while he's bullish on America, he's not as optimistic on Europe, calling it the "one soft spot" in the world.