The bull story on the homebuilders (NYSEARCA:XHB) still has years to play out, says Steve...

The bull story on the homebuilders (NYSEARCA:XHB) still has years to play out, says Steve Eisman, speaking at Ira Sohn under the topic, "Housing: U.S. vs. Canada." He's especially bullish on the land-rich homebuilders - LEN, PHM, SPF - as there's not enough inventory to support demand and land prices will be heading higher, but the purest land play might be Forestar Group (FOR +5.5%), worth $30/share in his opinion.