Summary
During the Global Financial Crisis (GFC, 2008) major residential construction companies in the US experienced severe declines. • D.H. Horton stock price plummeted 91% over a 40-month period • Toll Brothers Inc stock price declined 77% over a 75-month period • Lennar Group stock declined by 95% over a 40-month period. Prior and leading up to the GFC these larger national and regional homebuilde
Key Claims
- Akhil Patel Director Akhil is one of the world’s leading experts in economic, financial and property cycles. He has been working with Phillip J Anderson for over a decade to produce unique research that combines an in- depth understanding of business, real estate, and stock market cycles. — confidence: medium
- Darren Wilson Editor in Chief Darren is the former Australian Technical Analysts Association (ATAA) ACT Chapter President, General Manager of Property Sharemarket Economics (PSE), Editor of the Boom Bust Bulletin, Investor and trader according to the 18.6-year Real Estate Cycle. — confidence: medium
Notable Quotes
“KEY BENEFITS • Capital Efficiency: By not tying up cash in land, builders can reinvest capital into their core business: construction, marketing, and sales.”
“Teamed up with a dedicated group of analysts and researchers sharing the most important cycle of all: the 18.6 year land and credit cycle.”