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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: TH3/1/2012 12:37:30 PM
2 Recommendations   of 102132
 
This is the problem with headlines that idiots read and think tell the story.

All this does is lead to big price cuts to move inventory and HUGE problems for the supply base. Trust me, I've been there and this is such a pain you can't imagine.

And the suppliers pay through the nose, as they can't bill what they don't ship and soon, they will NOT be shipping to forecast.

Just another example of a facade designed to convince people there is a real recovery. Well, there is NO recovery in claiming sales are up 1% to have them park on dealership lots. And the dealerships HATE this.

Takes about 3 months to really play out. First the build, then the production cuts, then the price slashing, and then the job cuts as temps are let go and suppliers don't hire and if it's bad enough, they will fire.

zerohedge.com

GT
TH
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