GHBA News
houstonbuilders: Really? March homebuilding beats expectations – Lansner on Real Estate – The Orange County Register http://t.co/rWJesbu
houstonbuilders: Endangered Species: No it isn’t the spotted owl or Barton Springs salamander. How about new homeowners? The fede… http://bit.ly/eSKPmR
Endangered Species
No it isn’t the spotted owl or Barton Springs salamander. How about new homeowners? The federal government, in a complete overreaction to some problems in the mortgage industry, has now spent over three years making building and buying a new home next to impossible. Is there a hidden agenda? I don’t know, but I do know that now with rumors of taking away the mortgage interest deduction, capital gains tax breaks, and raising the threshhold for getting a mortgage in the first place, makes me wonder.
Homeownership is good for individuals and families, good for communities and good for the economy. Did you know that just in the Houston area alone, even at the depressed rate of new home starts, the homebuilding industry contributes $3 Billion to the local economy and 60,000 jobs? Demand that your elected officials at every level do all they can to bring home buying and home building back. Home building has led our country out of the last half dozen recessions. Don’t let the feds make it impossible.

