When the Dust-Up Settles
The Wall Street Journal caught up today with what we reported here yesterday.
Clearly, calmer heads prevailed as large home building company executives met with NAHB leadership in Chicago yesterday, after flare-ups over the trade association’s strategy and effectiveness in the battle for Congress’s attention to home builders’ interests.
The agreement to agree, at least for the moment, must mean there are high stakes ahead in a continued struggle for benefits to new residential construction as a united industry. We know that a number of the largest home building companies have executives who are at the end of their patience with how their interests have been represented in Washington.
It’s a testament to the diplomatic skills of Centex CEO and NAHB high production council chair Tim Eller to win alignment among at least a dozen other home builders for continued support of NAHB as their primary lobbyist.
We’ll hear more about this as new measures to deal with the economic crisis emerge for debate on Capitol Hill.
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