Horton’s is facing the reality others won’t. Land is the riskiest of all the RE plays. Why would you build here? How many lake view condos can this market absorb? They start for one beds/studios around $300K. Small apartments near the lake or downtown rent for a bargain rate of $2400.00. Those same renters pay prices 10-20% higher than they would in the suburbs, along with higher taxes. It’s nuts.