How to invest in UK housebuilders

Whenever a market hits record breaking highs, an ugly question tends to rear its head: when will the good times end? When it comes to housebuilder shares, investors seem to think that the answer is soon. Shares in the many of the biggest housebuilders in the UK have fallen sharply in the last few months meaning several companies in the sector are now yielding over 10%. In some cases, that looks very attractive, particularly considering that the meltdown that investors seem to be pricing in looks unlikely to impact the whole sector. Wariness about the longevity of growth has a…