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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (22121)11/21/2004 5:04:55 AM
From: daffodil  Respond to of 110194
 
The chart is really interesting. I just don't get why TOL, MDC, and KBH haven't broken as much as PHM, given their exposure in California and Nevada.

I've been comparing prices for Las Vegas luxury homes on TOL's website. Models TOL is showing for $1.6 million are showing on Las Vegas realtor sites for $800,000.

Never underestimate a 15% short position, I guess.

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