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  • Merrill's Rosenberg on Real Estate [View article]
    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.
    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......................
    Jan 09 12:43 pm |Rating: 0 0 |Link to Comment
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