Oct 20 2009
Coalition of Homeowners, Workers, Consumer and Economic Advocates Call for Reform of Homebuilding Industry to Avoid another Crisis
Homeowners will join with labor, consumer and economic advocates to call for reform in the homebuilding industry in light of a new report showing corporate homebuilders are continuing the same practices that caused the housing market crash. The report, Nothing Learned? Laying the Foundation for the Next Housing Market Crash, to be released by LIUNA and the Alliance for Homebuyer Justice, reveals new evidence that corporate homebuilders –including the nation’s largest builder, Pulte Homes Inc. – have not changed the deceptive lending, appraisal fraud, predatory culture, overbuilding, encouraging speculators and worker abuses that made them a key player in the housing collapse and resulting economic crisis.
WHAT: Press call with homeowners joining labor, consumer and economic advocates to call for reform of the homebuilding industry. Release of Nothing Learned? Laying the Foundation for the Next Housing Market Crash, a new report showing corporate homebuilders are continuing the same practices that caused the housing collapse.
WHEN: Tuesday, October, 20th at 11:00 a.m. Eastern Time.
WHO: Homeowners from California, Arizona and Las Vegas
Terry O’Sullivan, LIUNA President
Ira Rheingold, Executive Director, National Association of Consumer Advocates (tentative)
Dean Baker, Co-Director, Center for Economic and Policy Research
Source: https://www.builderonline.com/