Teichm\"uller dynamics, dilation tori and piecewise affine circle homeomorphisms

We study the coarse geometry of the moduli space of dilation tori with two singularities and the dynamical properties of the action of the Teichmuller flow on this moduli space. This leads to a proof that the vertical foliation of a dilation torus is almost always Morse-Smale. As a corollary, we get that the generic piecewise affine circle homeomorphism with two break points -with respect to the Lebesgue measure- is Morse-Smale.