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                                   EXHIBIT 24
 
        KAUFMAN AND BROAD HOME CORPORATION AND CONSOLIDATED SUBSIDIARIES
 
                        CONSENT OF INDEPENDENT AUDITORS
 
To the Board of Directors and
Stockholders of
Kaufman and Broad Home Corporation
 
     We consent to the incorporation by reference in the Registration Statements
on Form S-8 pertaining to the 1986 Stock Option Plan (No. 33-11692), the 1988
Employee Stock Plan (No. 33-28624 and No. 333-49311), the 1998 Stock Incentive
Plan, the Performance-Based Incentive Plan for Senior Management and the resale
of certain shares by officers of the Company (No. 333-49309), the 401(k) Savings
Plan (No. 333-49307), and the Registration Statements on Form S-3 (No.
333-14977, No. 333-51825 and No. 333-51825-01), as amended, of Kaufman and Broad
Home Corporation of our report dated December 31, 1998, except as to note 15, as
to which the date is February 4, 1999, with respect to the consolidated
financial statements of Kaufman and Broad Home Corporation included in the
Annual Report (Form 10-K) for the year ended November 30, 1998.
 
                                                               ERNST & YOUNG LLP
Los Angeles, California
February 26, 1999