Economists Forecast Continued, Modest Growth for Housing
New-Home Sales Inched Upward in March
Judson Provides Builder Views on Senate Immigration Bill
In testimony before the Senate Judiciary Committee this week, NAHB Chairman Rick Judson urged Congress to implement a new market-based visa system that would allow more immigrants to legally enter the construction workforce each year as part of the Border Security, Economic Opportunity, and Immigration Modernization Act (S. 744). While the nation's home builders commend the bipartisan Senate sponsors of this proposed legislation to advance comprehensive immigration reform, lawmakers must improve the guest worker provisions in the bill to address the significant role that foreign workers play in the housing industry and help alleviate current labor challenges that are hampering the housing and economic recovery, Rick said.
NAHB believes the program is unworkable for the residential construction industry. As currently written, it "wrongly singles out the construction industry with a discriminating set of rules, including an arbitrary and meager cap that not only ignores but rejects the value of the housing industry to the nation’s GDP,” he noted. “Our industry, which in normal times accounts for more than 17% of the nation’s total economic output, should be afforded the same opportunities as any other sector of the economy. Congress must reassess this critical flaw in the legislation.”
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- Joanne Loftus