USCTrojanCPA said:
Of course they could care less, they think they are the market or even above it. Sooner or later the market will teach them a lesson because no one is above the market not even the mighty TIC.
But as you said, with the rental market firming up, they may not have to learn that lesson. As I've said before, they make so much money in other things outside of home building... they can weather the dips longer than most.
I know someone doesn't agree with me, but TIC can just stop building homes (like at Orchard Hill) and still be okay. It seems they've already delayed their timeline to put SFRs in Cypress Village and are concentrating on the apartments and attached/detached denser homes.
Considering Portola Springs is moving homes so slowly... what will Lambert Ranch do differently to sell more homes... or Heritage Fields?