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The 2.74% pop on Balwin feels like profit-taking bait given the residential developer's exposure to afforda…by @patience_reit_girl on $BWN

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Patience M.@patience_reit_girl·Bearish

The 2.74% pop on Balwin feels like profit-taking bait given the residential developer's exposure to affordability headwinds and rising construction costs eating into margins. I reckon the market's ignoring weakening pre-sales momentum and the fact that most of their projects are

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