Toll Brothers Profit Rises, Orders Jump

duck33 | Dec 4, 2012 07:48 AM ET Housing is a suckers bet. Buy a house and all the legalized robbery kicks in. From insurer fraud to banker fraud and then the tax man comes knocking to take the rest of your life`s savings.

StephenD | Dec 4, 2012 07:53 AM ET Does this mean that the Federal Reserve no longer needs to buy $40 billion dollars a month of mortgage backed securities? I believe that it`s called QE3.

Stopwhining | Dec 4, 2012 08:00 AM ET I believe the FED will continue to try and hold mortgage rates as low as possible until a firmer recovery is underway and on solid footing

Radical_1 | Dec 4, 2012 08:35 AM ET I have to laugh every time I hear someone mention a housing recovery because of the fact people COULDN`T AFFORD the prices where they were leading up to the 2008 crash(why do you think it`s called a BUBBLE?) and some people thing we`re going back to those prices again, F__N HILARIOUS!!! IT AIN`T GONNA` HAPPEN!!!

sidfeinberg | Dec 4, 2012 09:11 AM ET "With all the high income, high skilled jobs being created today, a 50% increase in pricing is fully supported." ------------------------------------------------------------------------------------------- 50% increase? Doesn`t this sound like 2004 all over I`d honestly like to know who is buying these new homes? With the exception of Wash Dc area (where everyone is in govt jobs), where are there any good jobs being created?

TRUTHmax. | Dec 4, 2012 09:19 AM ET @duck33 Its very sad to hear all of these fools say such things about housing. Truth is that a home is amongst the best ways to build wealth in America. Just like stocks were the worst investment in march of 2009, the same individuals who will always be poor say the same about housing. Wise up. Paying rent enriches landlords. I should know, I make a mint off of renters.

scottm1207 | Dec 4, 2012 09:24 AM ET Another unsustainable bubble to make the democrats look as though they have the slightest clue about economics. They understand how to manipulate them to appear as though there is growth in the short term, but long term, pain and suffering is coming a la another Democrat congress and president, although now we have myriad bureacuracies to keep the Potemkin village up and the economic misery rolling along.

beachbum40 | Dec 4, 2012 09:45 AM ET BS. Sell TOL.

EugeneDAlessio | Dec 4, 2012 09:46 AM ET yeah....it`s coming.... in your mouth maybe....the courts have more forclosures on there dockets then you morons have HAIR on your heads....you can spew the BS all you want but look around...your neighbor stopped paying there mortgage because if they continue it would be like throwing money out the window on the highway doing 70 mph......it`s over...the smoke has cleared and we know what you did to ruin the middle class selling your financial junk worldwide and multiply times using the same packaged mortgages....to wipe out the pension funds of every entity you can convince to buy them because they`re AAA rated......all your talk is not going to change the TRUTH THAT YOU CROOKS ARE NO GOOD FOR THE COUNTRY ONLY YOURSELVES

duck33 | Dec 4, 2012 10:02 AM ET @TRUTHmax. | Dec 4, 2012 09:19 AM ET Get with the twenty first century that is so 1990. A home is a means to be robbed by money. If you bought a home in 2006 you are now underwater what 30% so if you lost your job you just lost your down payment and every penny you put into a house including the mortgage payments because you can not sell it for 30% less than you payed and the bank repo`s it. You lost every thing. If you rented a home in 2006 and lost your job you can now move to a cheaper place or to a state with lower unemployment. You did not lose your down payment. I am living in a home that was for sale in 2009 for $1,150,00.00 for $2,400.00 a month in rent. I could not buy that home for $5,000.00 a month. And if I need to move I






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Toll Brothers Profit Rises, Orders Jump

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