And inevitably, the balance tips toward lower prices. Well, one possibility is to consider shorting three or four of the major home builders. This was a strategy suggested a couple of weeks ago in Barron's by Doug Kass, a hedge-fund manager with Seabreeze Partners. But even if you don't short these stocks, you ought not to think of them as safe havens. Even blue-chip stocks such as Home Depot, which have been trading up and down this year, aren't particularly safe.
People do their most expensive remodeling after they buy.
And when they're worried, they put off adding the extra bedroom. The Mercury News. The information you receive online from The Mercury News is protected by the copyright laws of the United States. The copyright laws prohibit any copying, redistributing, retransmitting, or repurposing of any copyright-protected material.