Guero

Conference Call Highlights: Who Will Buy Land?

Yes, too many single family homes are being built. That is the result of a production homebuilder's business model. They can't help themselves, they have to build a lot of homes to achieve economies of scale worthwhile enough to be a going concern. Very much like a virus, they take over the landscape.

Homebuilders Face More Tough Times in 2009

Steve, right on the mark...running a public, national builder is like herding cats......each region is different in style, regs, costs, market, etc etc.

Only thing is, the big national builders are almost the only ones with any cash built up to attempt to ride out 09.