WD

Toll Brothers: Are They Serious?

You article is right on. Government bailouts expanding to now include homebuilders, capitalism is dead and gone.

The ironic thisng about the bailout is that this will hurt the strong builders in the future as the weak companies will be kept alive. When times finally get better there will again be a glut of inefficient companies all competing against each other. Toll would be better off telling the government not to bailout the housing industry. Toll has a strong balance sheet and would survive while many of their competitors would not. This would have eventually been a boom for Toll. How foolish of Bob Toll to think so short term and beg for money.

Our founding fathers are rolling in their graves to see such action by our government. The country was built on capitalism. Shame on the government for these bailouts and shame on them for destroying the country. Let me add one more shame.....Shame on the people (AKA taxpayers) for voting these incumbents back in. That is the biggest disgrace.

The WSJ Is Wrong on the Housing Crisis

BTW, I love the baby boomer getting older theory you attempt to sell. They tried selling that in AZ, NV and FL in 2004, saying the baby boomers are retiring and buying cheaper sunbelt houses and condos in advance of retirement. They argued that the sunbelt housing market will continue to soar. Then 2007 and 2008 rolls around and oops....that theory is now dust. Same as Mr Samora's theory will be next year.

The WSJ Is Wrong on the Housing Crisis

You forgot to factor in the large immigrant population flowing into the USA. Also not factored is the pent up demand that is now occuring as 20 and 30 somethings have been living with Mom and Dad and will be ready to venture out when houses drop some more and times get better which is most probably sometime in 2009.