This editorial is spin 2 by the homebuilding industry.
http://www.chron.com/disp/story.mpl/editorial/outlook/5861777.html Great blog on this editorial by Bay Area Houston
We're legitimate businessmen.
You have to wonder why a businessman would have the need to say "I'm a legitimate businessman". Such is the case with Brian Binash the President of the Greater Homebuilders Association with his op-ed in the Houston Chronicle.
Houston's housing market is strong, and so is our homebuilding industry's commitment to high standards.
Some homeowners might not have a clear picture of the stringent building codes in effect in Texas, but this state has a statewide residential building code that includes provisions for windstorm protection in the coastal areas.
He might as well have said, "we are legitimate businessmen". A new home buyer is not interested and probably couldn't understand what standards are being followed, or what standards had to be mandated by the state since the homebuilding industry could not police itself. They are more interested in trusting their builder to do what is right, after all, they are giving them 30 years of their life in a mortgage. It is really all about trust, something Binash doesn't quite understand.
Obviously the state of the industry has driven Binash to say his industry is legitimate when it comes to building codes and rattles off a number of mandates the state has imposed upon the industry. It really begs the questions: If you are a legitimate businessman, why did you wait for the State to mandate the use of building codes?
When it comes to trust, the Texas homebuilding industry is about as bad as Enron's Ken Lay promoting electricity deregulation. So bad, the State had to spend $14 million a year on a builders commission to police Binash's industry since they were incapable of policing themselves. Binash confirms this:
The various legislative measures mandating building code requirements create a system of oversight and accountability that was fully supported by homebuilders because it is our sincere desire to raise the bar and create a principled industry that protects consumers while ensuring that homebuilding and homeownership remain viable and productive drivers of the economy.
And by the way........"I'm a legitimate businessman".
Labels: homebuilding
posted by John Coby at 8:20 AM | 5 comments links to this post