Guero

Conference Call Highlights: Bank Investors Should Worry about Private Homebuilders

Creative destruction happening before our very eyes. Here in TX a large part of the economy revolves around new housing construction, and it will be interesting, if not horrifying, to watch what gets pulled down with the homebuilders. Sub-contractors, builders supply, window & door manufacturers, cabinet manufacturers, flooring retailers, mortgage shops, title companies.....the list can go long.