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re: Don't look now but Berkshire Hathaway sold off all of it's shares of D.R. Horton

Posted on 3/1/24 at 9:00 am to
Posted by grich31
Youngsville, La
Member since May 2008
1382 posts
Posted on 3/1/24 at 9:00 am to
DR Horton has major Class Action Lawsuits pending or filed in La and other states for issues with building materials among other things and they can't build new homes until suits are settled, my subdivision is part of it so that might be the problem.
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
29755 posts
Posted on 3/1/24 at 9:08 am to
They have some bigger developments that are affected in LA by the lawsuit. I think the Louisiana case has to do with materials that rot or are more conducive to mold in LA because of the climate. I think the thing I read mentioned a development in either Lafayette or Lake Charles, but there is a pretty fair sized one that started about 2 years ago in St Tammany in Lacombe
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