CEO and president of the National Association of Home Builders (NAHB) Jim Tobin recently joined the RealTrending podcast to offer insights into the future of the housing market. In the podcast, Tobin unveils his comprehensive housing outlook for 2024 and discusses emerging homebuyer trends, which housing types are growing, and NAHB's top advocacy priorities, as well as the association's efforts to help improve housing affordability in the U.S.
Tracey Velt: What are some of the things that can be done to improve housing affordability from a legislative point of view?
Jim Tobin: We have members of Congress or lawmakers always looking to fix anything and get it off their plate and move on. Our members don’t necessarily want the government to do anything. They want the government to get out of the way. I think we spend most of our time fighting against more regulation or trying to improve the regulations we have. We spend a lot of time at the local level trying to get governments to speed up their processes. Permitting shouldn’t take 180 days. Either we need to hire more people or we need to be a little faster in our processing because time is money when it comes to real estate.
Advertisement
Related Stories
Economics
Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Sustainability
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
NAHB
NAHB: Working to Build a Stronger Housing Industry
NAHB Chairman's Message: 2024 promises to be a great year in which NAHB will continue its advocacy efforts and work to both strengthen the home building industry and deliver more affordable homes for Americans