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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Don Earl who wrote (59188)	8/5/2006 6:43:05 PM
From: XoFruitCake	Read Replies (1) \| Respond to of 306849

Don, if building cost are so good as your preached, why aren't you building houses in the last couple years (since you mentioned that you have not price cement for a couple years, I take it that you did not build the last couple years?)??? If you math is correct, you should rake in tons of money and beat the pants out of any home builder competing with you. All the major HB add up to about 25% of the market. So why would the small builder like you bk those large HB in the last few years since your price is so much better???? I listened to at least 6-8 HB conference call every Q since 1Q 05, everyone is complaining about the raising cost especially after Katrina and Rita. Both from the labor to cement to lumber. Why wouldn't as a small builder be affected? I bought my current house in Ca back in 04 and we have to wait in line for months and every release BHS raised the price by 30K or so. So you should be building like crazy back then? There are too many buyer fighting for limited available houses. Things just don't add up.