Beazer Homes USA Inc Q4 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Congratulations on a great quarter and a great year.

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : My first question, Allan, is going back to the land market. Obviously, all the builders are out there expanding their lot count, really trying to position for the growth that they see coming through the market in the next several years or so. But do you have any concerns or any signs that the industry is at all repeating some of the things that we saw that contributed to the last housing downturn? How do you think about walking the line between having a certain level of risk management and conservatism relative to wanting to capture the growth that's out there? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. NOVEMBER 10, 2021 / 10:00PM, BZH.N - Q4 2021 Beazer Homes USA Inc Earnings Call

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Okay. That's very helpful. And then my next question is going back to your commentary around your ESG efforts and your Net Zero ready program. A lot of the materials that go into these homes in order to make them more energy efficient and to achieve these targets inherently end up costing more. There are higher costs relative to some of the alternatives that are in there. How do you think about weighing that relative to affordability just given the focus that's inherent on that as well?