Richard Drury Over the last 24 months, my thought process regarding the homebuilding industry has changed significantly. In late 2022 and early 2023, I felt bearish about the industry in the near term because of high interest rates and inflationary pressures. But in the long run, I recognized that continued population growth, combined with a national housing shortage, would lead to attractive returns for investors. But by the middle of last year, I started becoming much more bullish on the industry. Even th ...