"Living legends of the business like NVR founder Dwight Schar wise up to the fundamental role of land in housing, understanding that it holds a genomic key to homes, prices, processes, and people, enabling each lot to generate lasting value in an ever-evolving landscape."
"For over 40 years as the leader of NVR, Inc., Schar built what many consider the most financially disciplined large-scale homebuilding company in the United States, focusing on conservative growth, land discipline, and returns on invested capital."
"I moved to my uncle's Ohio farm when I was 12 years old... Hard work was simply the structure of daily life. But I liked working hard... I certainly learned about being responsible on the farm."
"You need a team to win... You learn how to get along with teammates for the greater good."
Dwight Schar, founder of NVR, Inc., exemplifies success in homebuilding through a focus on land's importance and disciplined growth. His approach combines science, art, and hard work, emphasizing the value of learning through experience. Schar's early life on a farm instilled a strong work ethic and teamwork skills, which he carried into his professional career. His leadership at NVR shaped modern homebuilding perspectives on risk and investment, demonstrating that lasting value comes from understanding both the market and the fundamentals of land.
Read at www.housingwire.com
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