The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: daffodil who wrote (25488)	11/29/2004 11:59:22 PM
From: AD	Read Replies (1) of 306849

TOLL is just doing what any lying company leader does, pump up the shareholders. And this, unreal... talking about the value of the meat packing district in NY. Well he's right, values have gone bonkers down there. I just heard about that this past weekend from a relative from NY. Uhh, one problem. He ain't building single family suburban homes there. Not sure what he was referring to really . rotflmao, I was just saying earlier that my short in TOL is the best of the lot . Guess I'll have to cover tomorrow. maybe... investorshub.com TOLL The shorts are going to get slaughtered. They are making a huge mistake. TIME What's the next housing trend? TOLL In the past couple of years we've begun dense suburban developments, and we're back in the cities with low-, mid- and high-rises. There just isn't enough ground left in the suburbs, and you have a whole new thrust from boomers and young hip-hoppers who want to be back in urban areas. Urban developments are less than 5% of our business, heading to 10%. It's definitely caught on. Look at New York. You could have bought the entire meat-packing district for $4. Now you can't get an apartment there for under $1 million.

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