Considering the dismal state of the housing market, it’s nice to see that there’s a coalition proposing a solution; it's the Fix Housing First Coalition. On the FHF website, Jerry Howard, President and CEO of the National Association of Home Builders, describes how we should and can fix housing first.
Howard notes that housing is the largest sector of the economy, and that with its collapse, it’s brought down two other sectors, the financial sector and the manufacturing sector. Howard argues that fixing housing first will help fix the other sectors. He sees a clear housing solution: “Stimulate the demand side; stabilize the supply side, and you have the sure fix.”
The Fix Housing First Coalition proposes non-refundable, short-term tax credits for all home buyers, plus below-market, 30-year fixed mortgages (available for a limited time), and continued foreclosure prevention. Visit the website to learn more.
FHF link by way of David Andreozzi via The Congress of Residential Architects
by Katie Hutchison for the House Enthusiast