Protection of the Impact of the Housing Market on the Global Economy
In the United States economy, the real estate industry is a vital component of the amount of money that is brought into not only our local, national economy but also the world economy. The impact of the housing market on the global economy was felt worldwide when that market crashed and caused the worst Recession since the Great Depression. Even before the crash, the National Association of Home Builders (NAHB) has been a steadfast organization in promoting the health and well-being of the home building industry to national leaders of Congress. On an almost quarterly basis, the NAHB schedules meetings with leaders in both houses of Congress to go over the latest trends, legislations, regulations, and overall health of the housing market.
This constant communication between leaders of the housing industry and leaders of government is an almost unheard of attention to detail of which most everyday citizens in the United States are unaware. The care and 
attention that goes into maintaining the health of the real estate industry must not be underestimated which is why the selection of the Political Action Committee (PAC) for the NAHB is so vital to the industry.
During the 2nd week of February, NAHB Chairman Ed Brady and First Vice Chairman Granger MacDonald met with Senate Majority Leader Mitch McConnell (R-Ky.); Senate Minority Whip Dick Durbin (D-Ill.); House Majority Leader Kevin McCarthy (R-Calif.); House Minority Whip Steny Hoyer (D-Md.); House Appropriations Committee Chairman Hal Rogers (R-Ky.); House Financial Services Committee Chairman Jeb Hensarling (R-Texas); and Rep. Ben Ray Lujan (D-N.M.), chairman of the Democratic Congressional Campaign Committee. The real estate discussions included home buyer credit, affordable homeownership for the middle class, and the regulation of health care costs to offer reasonable solutions to “balance Americans’ budgets” so that they can afford to pay a mortgage.
This meeting of minds was conducted in order to keep two-way communication open as well as to prep government leaders for the Bringing Housing Home™ NAHB Legislative Conference during the week of March 7-11 when our members will hold in-district meetings with their lawmakers. Click Here for More Information about this conference.
