The Home Builders Association of Greater Chattanooga (HBAGC) and the Greater Chattanooga Association of Realtors will co-host a special Housing & Economic Outlook luncheon on Tuesday, Aug. 8 at the Chattanooga Convention and Trade Center for its members, local businesses and community leaders.
This event, which will begin at 11:30 a.m., will feature the National Association of Home Builder’s Chief Economist Robert Dietz, Ph.D. as its keynote speaker.
Dr. Dietz will provide valuable insight on what is on the horizon for Chattanooga’s home building market and other economic issues. Detailing local and national data, Dr. Dietz will discuss the current macroeconomic environment, explain why supply-side constraints are limiting homebuilding growth, prove why demographics should produce significant residential construction growth in the years ahead, and finally provide estimates of the local economic impact of home building on jobs and tax revenue. The discussion of supply-side factors will include current market data on the labor shortage, national lot availability, current AD&C lending conditions, and recent gains in lumber prices.
A capacity crowd is expected. Advanced tickets are required and available for purchase at HBAGC by contacting Nicole Gosciniak at 423-708-8222 or ngosciniak@hbagc.net.
Dr. Dietz is chief economist and senior vice president of economics and housing policy for NAHB. His responsibilities include housing market analysis, economic forecasting and industry surveys, and housing policy research. Prior to joining NAHB in 2005, he worked as an economist for the Congressional Joint Committee on Taxation, specializing in revenue estimation of legislative proposals involving housing, urban development and other business tax issues. He is a native of Dayton, Ohio and earned a Ph.D. in Economics from Ohio State University in 2003.
For more information, contact Terry Greene, executive officer of Home Builders Association of Greater Chattanooga, at 423-624-9992 or tgreene@hbagc.net.