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


To: Ramsey Su who wrote (55878)3/13/2006 3:06:40 PM
From: John Vosilla  Respond to of 110194
 
Agreed. And isn't the old saying 'builders build until they go bankrupt' about to resurface for another cycle. These inventories of completed homes for immediate sale as well as price discounting to move the product out bears watching. My hunch is unlike prior downturns a lot of this inventory and discounting isn't close out sales which further compounds the problem.