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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (57163)12/13/2004 1:05:33 AM
From: LLCF  Respond to of 74559
 
<Home Builders have purchased land for future production at prices which will produce a profit only if the appreciation rate remains the same. If price appreciation stops, their future homes built on their current land inventory will result in losses.>

Home builders are some of the BIGGEST COWBOYS in history right now... they make west texas wildcaters look like small fry. If they're well ever drys up FAGETABOUTIT!!

DAK