Tag

Hunterbrook

1 stories

Lennar's CEO said it 'value-engineers every component.' Buyers say that's a polite word for the leaks (hntrbrk.com)

An investigation pins shoddy new-build quality on Lennar and D.R. Horton 'value-engineering' to hit cost targets, then offloading the defects via warranties and arbitration. The CEOs said as much to investors.

A reader flagged the catch printed on the site itself: the publisher makes money from litigation and a short fund, so read it as positioned PR. A builder's relative went further — any tract builder is this bad; it's the incentives, not the logo.