In our view, Lennar has a strong balance sheet and plenty of liquidity. At the end of fiscal third quarter 2024, Lennar had more homebuilding segment cash ($4.0 billion) than debt ($2.3 billion).
The dramatic increase of international students — more than 1.5 million study permits for post-secondary were granted from 2018 to 2023 — has come under greater scrutiny, with some linking it to ...