Lennar Wants to Build "Trump Homes." Is It Time to Consider an Investment?

Lennar Wants to Build "Trump Homes." Is It Time to Consider an Investment?

Key PointsThis builder is considering a plan to create as many as 1 million new starter homes.Housing affordability is an ongoing problem for Americans and for the U.S. economy.10 stocks we like better than Lennar › Lennar (NYSE: LEN) shares are surging on news that the giant homebuilder is about to propose a massive homebuilding plan to the Trump administration that will help address the home affordability crisis in the U.S. According to a repo…

Homebuilders Propose Up to 1M ‘Trump Homes’ as Affordable Housing Alternative - The MortgagePoint

Bloomberg News reported on Tuesday that homebuilders are preparing a proposal to create nearly a million “Trump Homes” aimed at tackling the affordability crisis in the U.S. Bloomberg News reported, citing sources familiar with the proposal, that this calls for builders to sell entry-level homes as part of a pathway-to-ownership program that allows for private capital funding in the billions of dollars. Shares of U.S. homebuilders, including Len…