Elizabeth Findell
Appearances
Apple News Today
Housing is expensive. Homebuilders worry it’s about to get worse.
Most people said they don't really know that they can prepare. One home building company, its president said that they had started an internal assessment of how much the tariffs could increase their home prices. Another head of a large home building company, when I asked him what he was thinking of doing, he said, retire.
Apple News Today
Housing is expensive. Homebuilders worry it’s about to get worse.
Builders really told me that even when unemployment is really high, they still don't find many native-born Americans who are willing to take their most physically difficult jobs, especially in hot areas where you could be out in temperatures of 110, 120 degrees trying to frame a house or... lay pipe or something like that. And it tends to be immigrants who who want to take those jobs.
Apple News Today
Housing is expensive. Homebuilders worry it’s about to get worse.
Builders are telling me that these policies are going to increase home prices and potentially slow down building, which is significant because we're seeing all over the country now increased home prices and shortages of housing in a lot of places. And the availability of affordable housing was a significant issue in the campaign. Both candidates talked about it.
Apple News Today
Housing is expensive. Homebuilders worry it’s about to get worse.
So to have policies that could have the opposite impact would be significant.