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Hey Twitty,

I hear you loud and clear about the housing sector. Pulte, KB, et al have all taken a beating. The market has axed their prices in conjunction with all the bad news about stagnant sales, increases in interest rates, etc. I don't see any break in materials prices on the horizon, so this cannot be considered a good short-term play.

However, somebody once told me to buy low, sell high. I read your column with keen interest and will try to pound out some numbers on the housing sector, but since people still need a place to live, the population isn't decreasing, and housing is a pretty basic desire, maybe there are alternatives.

Have you looked at modular home companies? How about some of the large condominium builders/managers? The modulars are a lower price-point market segment and can offer flexibility. Condos are still the wave of the future as real estate gets harder to afford in crowded employment areas in cities.

I'd love to hear your thoughts beyond what was in the article as you have a vast amount of investment knowledge I do not possess.

Thanks again for the column.


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