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Freemarketguy is correct, if these NYSE listed builders had any brains at all the would STOP building because there is no market for their products.
Jan 09 12:43 pm
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All Comments by thecondoguy1 »Merrill's Rosenberg on Real Estate [View article]
Until then if I were a lender they would not get another dime for spec, let them pee through their own capital on this stupid over capacity, if I were a city planner I would not issue another permit until the forclosures and empty homes were reasonably obsorbed by the market.
Good luck to all......................