In this fast-evolving crisis, builders have battles to fight and interests to protect at both state and local levels. In the next couple months, builders need to be ready to face any of the following:
1. Reduced access to water for construction
2. Limits on water connections for new development
3. Anti-growth political movement
4. Homebuyer anxiety
At this time, no one is expecting more than a slight slowdown in economic activity, including building activity, but crisis is fraught with danger—and opportunity.
Read his entire opinion piece here.