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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (14248)4/4/2002 2:11:54 PM
From: Bob Rudd   of 78699
 
Housing: I wish I'd recognized earlier that the story here is nationals taking share from locals because access to reasonable priced capital allows them to offer more favorable financing...a key competitive advantage. Since home building is still largely a local biz, this Walmart-like market share gain probably has a ways to go.
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