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PulteGroup, Inc. Message Board

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  • wantonfuey wantonfuey Mar 5, 2004 11:28 AM Flag

    BUY ALL DIPS IN PHM & BUILDERS-READ ON

    Nice post. The only thing I would add is that the business in even more regionally divided than you implied. As you pointed out you can't move the product so arbitrage is not realistic for new home markets.
    Significant opposition by environmental groups and local governments could be the real issue for the major HBs to address--building cycles can be extened indefinitely by this type of oppostion. ROI would be destroyed over time without costly reaction from the HBs.

 
PHM
20.93+0.460(+2.25%)Dec 18 4:05 PMEST

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