Toll Brothers is an at-scale semi-luxury home builder. Average home they sell goes for $862,300. The upper middle class is bailing out of the cities en masse.https://twitter.com/bespokeinvest/status/1298353643868041220 …
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Replying to @MorlockP
Can't independently confirm, but a friend said the Columbus market is v v strong at the half million, ±, level right now, which seems plausible; finally pushed to leave San Fran, bank ⅔rds of your sale, get 3x the house in a calmer town. Dunno.
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Replying to @ElamBend @kendrictonn
> Amid the onset of coronavirus lumber production slowed, and experts thought demand would drop. But instead, it soared.
2:06 PM - 25 Aug 2020
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