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PulteGroup, Inc. Message Board

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  • johnmg47 johnmg47 May 16, 2011 7:32 PM Flag

    Why I am long, or 'Unpopular Long-Term Housing statistics'

    You wrote:

    "A good housing market and active single family construction is a cycle which is a by product of a good economy"

    IF homebuilders are priced for the antithesis of that - at the nadir of homebuilder sentiment - at the lowest prices they've been in a decade - at the lowest home starts recorded in 50 years - at the bottom of the worst housing recession in 70 years - at the lowest interest rates in 50 years - but at the tighest time for credit anybody could remember - at the worst unemployment in 30 years....

    WHAT do you think shares of homebuilders would be worth if any single one of these items (above) got BETTER?

    MORE or LESS?

    You do the math.

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