1202157--2/19/2010--BROOKFIELD_HOMES_CORP

related topics
{cost, operation, labor}
{cost, contract, operation}
{acquisition, growth, future}
{regulation, change, law}
{operation, natural, condition}
{competitive, industry, competition}
{condition, economic, financial}
{provision, law, control}
{debt, indebtedness, cash}
{loss, insurance, financial}
{cost, regulation, environmental}
Rising mortgage rates or decreases in the availability of mortgage financing will discourage people from buying new homes. Laws and regulations related to property development and related to the environment subject us to additional costs and delays which adversely affect our business and results of operations. If we are not able to develop and market our master-planned communities successfully, our business and results of operations will be adversely affected. Difficulty in retaining qualified trades workers, or obtaining required materials and supplies, will adversely affect our business and results of operations. Homebuilding is subject to home warranty and construction defect claims in the ordinary course of business and furthermore we sometimes face liabilities when we act as a general contractor, and we are sometimes responsible for losses when we hire general contractors. If we are not able to raise capital on favorable terms, our business and results of operations will be adversely affected. Our debt and leverage could adversely affect our financial condition. Our business and results of operations will be adversely affected if poor relations with the residents of our communities negatively impact our sales. Our business is susceptible to adverse weather conditions and natural disasters. Increased insurance risk adversely affects our business. Tax law changes could make home ownership more expensive or less attractive. Residential homebuilding is a competitive industry, and competitive conditions adversely affect our results of operations. Provisions in our charter documents and Delaware law may make it difficult for a third party to acquire us, which could depress the price of our securities.

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