Housing is getting depressing for the major homebuilders So says the Yahoo News Bureau. Poor guys. Toll Bros, Hovnanian, Pulte, and all the rest contributed greatly to where we are now by continuing to pump out new houses while millions of homes are in unsold inventory. The gov't needs to not bail these guys out ahain, and let them go by the wayside, into a closing Chapter. Choose any bankruptcy Chapter.
agree....Gary Schilling said tonight that a house can not be looked at as an investment for the next 10 years...he recommends younger folks do not buy...just rent and stay flexable in your job location.