A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
Reporter
The investment in affordable homebuilders signals a long-term bet on housing, despite elevated rates and persistent cost pressures Berkshire Hathaway has built a stake of more than 11% in Lennar.
While homebuilding stocks lag the broader market, builders selling to wealthy buyers are faring better than those selling starter homes There’s no place like home, but investors are finding plenty of places they’d rather put their money.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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