Lennar Executive Chairman Stuart Miller (iStock) Instead of spending on restaurants and movies, Americans’ funds went toward initial home purchases and upgrading to better homes. That is among the reasons Lennar Executive Chairman Stuart Miller attributed to the Miami-based homebuilder’s strong fourth quarter and fiscal year results, during an earnings call Thursday. “The home used to be just shelter,” he said. “Now it is the hub of our entire lives.” Lennar reported fourth quarter and fiscal year earnings of $882.8 million, up 31 percent year- over-year; and $2.5 billion, up 40 percent year-over-year, respectively. The company’s stock rose to $79.68 at 3:36 p.m. Thursday, up 7.2 percent from its closing price on Wednesday.