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Letter "L" » Lawrence Horan Quotes
«I've been negative on the industry outlook for quite some time. I think next year is going to be a down year with competitive pricing. The economy is slowing and housing, which tends to be the swing factor, is slowing. I think it's going to be more of a replacement market next year.»
«If it's done successfully, it will be the quote 'crowning glory' of his 21 years, ... there's a lot of risk for him personally, because if it's mishandled it goes down as something maybe he shouldn't have done. Staying on is something that's probably required on all fronts. Jack wants to make sure that his legacy is not marred by an acquisition that when handed off was not handled that well.»
«Barring a major economic dislocation, such as a big pickup in inflation, I think home builders can grow their earnings at a double digit basis for the next two to three years.»
«The extraordinary financial performance of conventional homebuilders in this economic cycle leads us to believe that there is a strong possibility that their stocks could be poised for record-breaking valuations,»
«The extraordinary financial performance of conventional homebuilders in this economic cycle leads us to believe that there is a strong possibility that their stocks could be poised for record-breaking valuations.»
«If other attorney generals or tort lawyers follow the example of Rhode Island, it could ruin a whole industry.»
«That is a secular demographic shift, which is not going to reverse unless we close our doors and not let anyone get into the country anymore. If you have a chronic shortage [of housing], prices tend to go up to the rate of inflation or a little more. You get to an equilibrium. ... I think we're in that period now.»
«It's a market that long-term is going to stabilize at a high level.»