We saw here that there are home builders trading at huge discounts to their book values. Could some of these offer a chance to buy land at a big discount?

Currently, most home builders are trading well below book value. Could this be a buying opportunity? Here they are, ranked by biggest discount to book:

For companies like Microsoft and Accenture, book value won't help you figure out the intrinsic value of the company. But are there some companies out there where book value is an appropriate measure for intrinsic value? Consider land developers.

international investor who is up70% this yea shorting found another weak stock to pick on

"Is NVR a baby being thrown out with the bathwater?"

Am I the only person who has had it with all the "housing" and "subprime" talk? My god, it is almost as if nothing else is happening out there. When the media get stuck on something they are like Rainman obsessing about Wapner being on in 5 minutes. Let it go gang. For two years all we have heard is "housing must slow down" and "there are too many risky loans out there". Now that the housing market has slowed down and the home buyers with those risky (subprime) loans did exactly what we knew they would do, default, this is suddenly a big deal? Just in case you are not already sufficiently nauseated by the deluge of housing rhetoric out there, here is my one and only "two cents" on it.