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Where do  you get your spec information? I will agree last year was very problematic, regarding builders speculating homes, but that has come to almost a standstill. I know, becasue I get in my truck and drive communities from Sacramento to Bakersfield. Your request to stop, was a market force realized by the big builders mid 2008.

I agree inventory levels are higher than normal, but new starts are at a trickle, so your impassioned plea is bit overzealous, regarding spec building. Alll inventories have to come down; foreclosures, resales and new homes alike. The builders contributed, no doubt, but I don't see the kind of spec building right now you are declaring. I will trust my visual rather than any supposition right now.

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