We view the changing cyclical environment as a problem especially for geographically-concentrated mid-tier builders attempting to outgrow.

D.R. Horton has never produced a down revenue or earnings quarter year-over- year in the 28 years of its existence.

Each group has what amounts to its own geographically concentrated militia ... Is it then possible to speak of a national army at all?

The movement for the environment really only started in the mid 1970's.

It really, really varies geographically.

Petaluma's unique problem is that it is geographically isolated, and has only one hospital (Petaluma Valley Hospital). By comparison, Santa Rosa has a hospital every couple of miles.