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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: flint12/15/2004 9:37:48 AM
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Someone needs to explain the bubble theory and how it will impact homebuilders if their greatest expense (land) is cut in half.

They just don't get it. Look at LEN, TOL BZH.

LEN seems to think they can build a new house just like yours for 15% less than you paid for yours. Imagine if people buy new houses from Lennar instead of buying your used house...

Are any smart parrots up for the job of attacking the free thinkers buying the home builders?

Flint
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