Toll Brothers Orders Plunge as California Buyers Vanish

It's going to get worse for them.  I'm going to channel Irvine Renter and say there will be a bloodbath coming, but I'm gonna restrict it to the high end market.  From my napkin calculations we're at about 12 months of inventory for houses over two million.

I'm going to take some joy in seeing Toll Brothers and some other companies get killed as they chased that yuan at the expense of the local buyer (like myself) :)
 
ThirtySomethingWEquity said:
It's going to get worse for them.  I'm going to channel Irvine Renter and say there will be a bloodbath coming, but I'm gonna restrict it to the high end market.  From my napkin calculations we're at about 12 months of inventory for houses over two million.

I'm going to take some joy in seeing Toll Brothers and some other companies get killed as they chased that yuan at the expense of the local buyer (like myself) :)
Click to expand...

Live by the Yuan, die by the Yuan. 
 
And after that ?bloodbath? , toll stock is down ...

2 percent ?

For better or worse , Stock market is the best economic forecaster we have

 
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