2009-04-23minyanville.com

"Travel to the outskirts of Phoenix, California's inland empire -- or even suburban Washington, DC -- and you'll find scores of vacant homes, for-sale signs, and soon-to-be ghost towns. Sprawling Lennar (LEN) cookie-cutter developments, Pulte Home (PHM) condos jammed against freeway sound barriers, mostly vacant strip malls - these are not the relics of dynamic social progress."



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