Forward Purchase ConcernsThere are increasing concerns about forward purchase commitments, which, if included with other incentives, would exceed seller concession limits.
Order GrowthOrder growth of -6% year over year fell short of expectations, which is a concern for future performance.
Regulatory RisksThere are near-term risks from potential government intervention, which could take many forms, and it is considered prudent to remain on the sidelines until greater clarity emerges.