The Whole Staircase: Berkshire Buys the Move-Up Home cover

The Whole Staircase: Berkshire Buys the Move-Up Home

Published in Subsidiaries
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For twenty-two years Berkshire owned only the bottom rung of American housing — Clayton's factory-built homes. Greg Abel's first big deal as CEO, the $8.5 billion Taylor Morrison acquisition, buys the move-up rung at a $597,000 average price. Berkshire now spans the entire housing staircase — and is paying below the homebuilder peer group to do it.