Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (355268)	10/18/2007 1:13:25 PM
From: Road Walker	Read Replies (1) \| Respond to of 1576320

re: Am I the only one who sees this as good news. Throughout the housing retrenchment of the past two years, the builders have reluctantly reduced production by small amounts.......hence the growing inventory. Cutting off mortgage funding in August has caused the builders to face reality. They will finally push production down to sustainable levels and be forced to sell off some of their land inventory in order to cover costs. Meanwhile, the feds will keep cutting and eventually pent up demand will bring buyers back into the market place.......unless, of course, we go into recession and then all bets are off. Of course you are right. But I don't think we are at the turning point yet. It still has to get worse before it gets better.