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gn
Participantthe problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?
The lands will be sold at deep discounts, the combination of low land prices, low labor costs (high unemployment among construction workers) and low material costs will enable some new builders to make profits.
This is not the first time there is a crash. True, this crash is bigger than the previous crashes. But, in a free market, no matter how bad things are, there’s always a way to be profitable.
Participantthe problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?
The lands will be sold at deep discounts, the combination of low land prices, low labor costs (high unemployment among construction workers) and low material costs will enable some new builders to make profits.
This is not the first time there is a crash. True, this crash is bigger than the previous crashes. But, in a free market, no matter how bad things are, there’s always a way to be profitable.
Participantthe problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?
The lands will be sold at deep discounts, the combination of low land prices, low labor costs (high unemployment among construction workers) and low material costs will enable some new builders to make profits.
This is not the first time there is a crash. True, this crash is bigger than the previous crashes. But, in a free market, no matter how bad things are, there’s always a way to be profitable.
Participantthe problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?
The lands will be sold at deep discounts, the combination of low land prices, low labor costs (high unemployment among construction workers) and low material costs will enable some new builders to make profits.
This is not the first time there is a crash. True, this crash is bigger than the previous crashes. But, in a free market, no matter how bad things are, there’s always a way to be profitable.
ParticipantI agree with patientlywaiting.
After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders (likely to be low-cost builders).
These builders will build lower quality houses (compared to the existing houses in 4S) so that they can be sold at lower prices & still be profitable.
ParticipantI agree with patientlywaiting.
After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders (likely to be low-cost builders).
These builders will build lower quality houses (compared to the existing houses in 4S) so that they can be sold at lower prices & still be profitable.
ParticipantI agree with patientlywaiting.
After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders (likely to be low-cost builders).
These builders will build lower quality houses (compared to the existing houses in 4S) so that they can be sold at lower prices & still be profitable.
ParticipantI agree with patientlywaiting.
After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders (likely to be low-cost builders).
These builders will build lower quality houses (compared to the existing houses in 4S) so that they can be sold at lower prices & still be profitable.
ParticipantI agree with patientlywaiting.
After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders (likely to be low-cost builders).
These builders will build lower quality houses (compared to the existing houses in 4S) so that they can be sold at lower prices & still be profitable.
February 9, 2009 at 1:07 PM in reply to: Mira Mesa half-mil $ condos vs. bigger, better, cheaper sfrs #343241ParticipantAll this means is that the sellers of the condos are in serious denial.
February 9, 2009 at 1:07 PM in reply to: Mira Mesa half-mil $ condos vs. bigger, better, cheaper sfrs #343564ParticipantAll this means is that the sellers of the condos are in serious denial.
February 9, 2009 at 1:07 PM in reply to: Mira Mesa half-mil $ condos vs. bigger, better, cheaper sfrs #343672ParticipantAll this means is that the sellers of the condos are in serious denial.
February 9, 2009 at 1:07 PM in reply to: Mira Mesa half-mil $ condos vs. bigger, better, cheaper sfrs #343700ParticipantAll this means is that the sellers of the condos are in serious denial.
February 9, 2009 at 1:07 PM in reply to: Mira Mesa half-mil $ condos vs. bigger, better, cheaper sfrs #343797ParticipantAll this means is that the sellers of the condos are in serious denial.
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