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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Siddhartha Gautama who wrote (31404)5/17/2005 3:17:06 PM
From: redfishRead Replies (1) of 306849
 
Logic dictates that result.

The opposing argument is that there is not much land left to build on, and therefore the big builders are in a bind, but if so why then did WCI recently sell a 500+ acre parcel of land in Jupiter, FL, rather than build on it?

The builders in fact have options on an enormous number of lots, they can keep building forever.
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