GLG News by Land Option Contracts Experts: Homebuilders (US)

The subject article is a presentation of the reality in today’s home building business. It speaks of overextended capital plans and the reality of maintaining positive cash flow. The state of the industry today parallels if not exceeds the difficulties of the early 90’s, early 80’s and mid-seventies....

Public Builders in the Central Texas housing market are dropping land contracts and lot option contracts, or renegotiating their takedowns. All builders are converting to cash and downsizing their balance sheets. Big builders are confiding that, in a couple of years, depending on absoprtion, they will...

I find the most interesting news in the subject article to be an estimate of real inflation at 9.5 % per year in the first years of this century. Talk about working against some long odds in maintaining wages or keeping up with costs to build. At the same times, the Las Vegas Sun recently noted that...

I would agree that wind power will not be the savior of any energy crisis. The scale of construction required/ initial investment greatly excedes the energy return. Being an inventor of a patented revolutionary dc electric generator, my work in this specialized energy field has gone essentialy...

The subject article repeats the refrain common to the most overdone major housing markets in the country. Arizona, California, Florida and Nevada prices are way beyond fitting into the average budget and are going even deeper into red accounts. New York City and the surrounding states that serve as...

Just as the housing market was over stimulated by institutional/Wall Street funding, so too the commercial real estate markets in the major urban centers have followed with speculative excess. There has been little attention paid to creating value with easy money, to the contrary, the usual investment...

There are many proponents of the theory that the industrialized nations will face declining wealth through the coming century. The United Sates is not thought to be excluded from this effect by these thinkers. Those who believe otherwise as the article indicates feel there is no one else to assume the...

Wall Street has abandoned housing and the mortgage markets, the default ratios are up, consumer confidence is way down, wages are not keeping up with rising costs. The litany goes on through the press. Rarely do you see a positive note in the news as everybody is on the bandwagon now. The only recent...

Banks report increased delinquencies and overall lower earnings as the economy slows and housing drags. The reporting style here is yet corporate positive as CFO’s mirror the earlier performances of the major home builders, the Realtors and the Mortgage Bankers Association in denying housing issues....

The financial markets are primarily the product of the successes of government policies. That’s why the United States has led the world in wealth for the last century. That is, the benign nature and fertility of its land and the industrious behavior of its citizens have combined with the free but regulated...