Skip to Content.
Sympa Menu

homestead - Re: [Homestead] More fuel for the housing bubble/froth debate

homestead AT lists.ibiblio.org

Subject: Homestead mailing list

List archive

Chronological Thread  
  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] More fuel for the housing bubble/froth debate
  • Date: Tue, 14 Nov 2006 18:29:05 -0600


That phrase "helped by acquisitions" is the important point. This is not
new business but business brought in with the purchase of other
businesses. HD has been trying to get into the contractor supply business,
the people who will deliver a housing development sized pile of lumber.

What I was referencing was your Subject. Apparently, consumer remodeling and appliance upgrading is down. But here is $3.5 billion in purchases by new home builders and remodeling contractors. That is a substantial amount of activity in an industry that some keep saying is dying or dead.





Archive powered by MHonArc 2.6.24.

Top of Page